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RBI POLICIES: The bank says tight policies have kept Indian economy on track

RBI POLICIES: The bank says tight policies have kept Indian economy on track

RBI's quarterly credit policy keeps rates unchanged

The Reserve Bank of India's (RBI) quarterly policy statement released on Friday has a complete plan in place to keep the Indian economy on track. The Bank has decided to keep the SLR norms keep unchanged, and so have the repo rates and CRR been left untouched. The bank also hopes to rein in inflation to seven per cent by March end.

REINING INFLATION: The RBI raised its key lending rate to a seven-year high of 9.0 per cent on Tuesday.

RBI move to contain inflation, says Govt

RBI raised its key lending rate to a seven-year high on Tuesday to curb inflation.

http://www.ibnlive.com/news/rbi-move-to-contain-inflation-says-govt/69832-7.html

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