RBI keeps key interest rates unchanged; FY18 GVA outlook revised to 6.6%
Source: IRIS | 07 Feb, 2018, 02.45PM
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Rating: NAN / 5 stars. |
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The decision of the MPC is consistent with the neutral stance of monetary policy in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth. The main considerations underlying the decision are set out in the statement below.
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