In holding its repo rate unchanged for the third time in succession, the RBI’s Monetary Policy Committee (MPC) was guided by concerns about upside risks to inflation posed by crude oil prices, house rent allowances (HRA) and the budgetary fiscal slippage, as per the minutes of the MPC meeting released on Wednesday. At its final …
Continue reading "Inflationary risks from oil, HRA, fiscal slippage: RBI"
February 21, 2018