RBI likely to keep rates unchanged in monetary policy on April 1

Mar 27 2014, 17:52 IST
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The Reserve Bank of India (RBI) is likely to keep interest rate unchanged in the upcoming annual monetary policy on April 1. The Reserve Bank of India (RBI) is likely to keep interest rate unchanged in the upcoming annual monetary policy on April 1.
SummaryThe RBI is scheduled to announce its annual monetary policy for 2014-15 on April 1.

cent by January 2015 and further down to 6 per cent by January 2016, as per the recommendations of the Patel committee.

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