Contact Your Financial Adviser Money Making MC
7
February 2018
 |
RBI
(The Total Investment & Insurance Solutions)
The Reserve Bank of India (RBI) kept its key
interest rate unchanged at 6 per cent for the fourth time in succession at its
final bi-monthly monetary policy review of the fiscal, citing concerns about
the inflationary push by rising global crude oil prices. The Total Investment & Insurance Solutions
Announcing the policy review, the RBI said
its decision is consistent with the neutral stance of the central bank aimed at
achieving its median inflation target of 4 per cent. The Total Investment & Insurance Solutions
The
continuing rise in food and fuel prices pushed India's annual retail inflation
rate over the five per cent mark in December 2017 to 5.21 per cent, from 4.88
per cent in November 2017.The Total
Investment & Insurance Solutions
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