Monday, June 3, 2019

RBI seen cutting rates, may turn "accommodative" after dismal GDP

Beginning a three day review on Tuesday, the Reserve Bank of India's six-member monetary policy committee (MPC) can draw comfort from subdued inflation. Running at 2.92 % annually in April, it has stayed below the medium term target of 4% for the past nine months.

from Moneycontrol http://bit.ly/2HVuDUI

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