No Further Rate Hikes Anticipated: RBI
  • Prabha Hedge
  • Apr 01 2014

April 1: The RBI has kept the repo rate unchanged at 8% and consequently, the reverse repo stays put at 7%. RBI Governor Raghuram Rajan has his eyes set on the inflation menace as he stated that the policy stance was firmly focussed on its disinflationary path. Saloni Shuka shares the key highlights of Governor Rajan's first bi-monthly monetary policy for FY15.