Archive for April 2007
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Reserve Bank of India’s Monetary & Credit policy announced
The Reserve Bank lowered the growth forecast to 8.5 per cent and in order to keep the citizens happy, it promised to keep the inflation close to 5 %, with a medium term policy objective of keeping it in the range of 4 to 4.5 per cent.
It was a policy that was quite good. RBI […]
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