You are here:HomeLive TVVideosNewsRbi Stance Shows Inflation Still A Worry: Experts

RBI stance shows inflation still a worry: Experts

loading..

The Reserve Bank of India on Tuesday kept its repo rate unchanged at 8 per cent but cut its statutory liquidity ratio by one percentage point to 23 per cent, while cutting its growth forecast and lifting its inflation outlook as economic conditions deteriorate. Shubhada Rao, Chief Economist, Yes Bank said that the RBI's decision is in-line with expectations. "They have maintained the status quo but inflation is still a concern," she added.

Social Sharing

Advertisement

From Reuters

The many interpretations of Ben Bernanke

The many interpretations of Ben Bernanke The last thing experts want is for Bernanke to be believed when he promises to carry on with an unchanged policy.
Market Data provided by © Accord Fintech.
© Copyright NDTV Convergence Limited 2013. All rights reserved.