Rate cuts not on table: RBI governor Shaktikanta Das

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RBI governor Shaktikanta Das hints that rates will stay high until 4% inflation goal is met; rate cuts are not being considered. RBI is focused on achieving the target of 4% inflation and strengthening balance sheets of financial institutions. Food price volatility is also a factor affecting inflation.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/UMGDIVH

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