Home ECONOMY RBI keeps policy rates unchanged

RBI keeps policy rates unchanged


Mumbai, Dec 18:Reserve Bank of India (RBI)

Despite a major surge in both retail and wholesale inflation in recent weeks, India’s central bank Wednesday kept key policy rates unchanged in a bid not to weaken growth.

The decision was taken during the mid quarter review of India’s monetary policy for the current fiscal undertaken by Reserve Bank of India Governor Raghuram Rajan.