Wed, Apr 12, 2017
Indicating risk further over inflation, RBI surprised investors in its first monetary policy for FY18, by increasing reverse repo rate by 25 basis points to 6% from 5.75%. The central bank kept policy rate unchanged at 6.25%.
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Tue, Apr 11, 2017
"Inflation is likely to pick up in March, backing the central bank`s stance to keep rates on hold last week," wrote Radhika Rao, economist at DBS Bank.
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