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Homechevron_rightBusinesschevron_rightIndia's central bank...

India's central bank keeps policy rates unchanged

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Indias central bank keeps policy rates unchanged
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Mumbai: Despite a major surge in both retail and wholesale inflation in recent weeks, India's central bank Wednesday kept key policy rates unchanged in a bid not to weaken growth.

The decision was taken during the mid quarter review of India's monetary policy for the current fiscal undertaken by Reserve Bank of India Governor Raghuram Rajan.

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