MUMBAI:
February's inflation levels, on wholesale and consumer prices, may have
signified a breather for many but that may not be enough for Reserve
Bank of India governor Raghuram Rajan to change his stance on interest
rates at the monetary policy review on Tuesday.
Rajan, who has made clear that his primary goal is to tame prices, may hold the repo rate at 8% citing inflationary expectations, according to an ET poll. The repo rate is that at which the central bank lends to banks. ..
Rajan, who has made clear that his primary goal is to tame prices, may hold the repo rate at 8% citing inflationary expectations, according to an ET poll. The repo rate is that at which the central bank lends to banks. ..
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