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RBI Credit Policy: RBI keeps key rates unchanged, says inflation risks have gone up

A status quo on rate action was factored in by experts as India grew at a phenomenal 7.9 percent for the March quarter and by 7.6 percent for the last fiscal year. Retail inflation, largely driven by food prices, inched up to 5.4 percent in April from 4.8 percent in the previous month, making it difficult for the RBI to cut rates any further

first published: Jun 7, 2016 11:07 am

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