Reserve Bank of India Maintains Interest Rate at 6%
Mumbai | 6th December 2017
The Monetary Policy Committee (MPC) for Reserve Bank of India maintained key interest rate at 6%.
” RBI KEEPS KEY INTEREST RATE AT 6% “
The decision of the MPC is consistent with a neutral stance of monetary policy in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth.
Official Press Release by Reserve Bank of India
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