Raising concerns over the impact of the reduction in fuel prices on inflation, the RBI governor said the “Two months ago the elephant in the room was inflation, and that elephant has now gone for a walk in the forest and we hope it remains there.”
RBI policy meet: The central bank held repo rate steady at 6.5 percent, in line with expectations. Here s a look at the top takeaways from the governor s speech
A cautious Monetary Policy Committee (MPC) has once again decided to keep the repo rate unchanged at 6.5 per cent in view of global uncertainty and moderately high inflation. With the projection of a.