Reserve Bank of India seen holding rates this week


Juggling act: People walking past the RBI building in New Delhi. The RBI faces a juggling act over whether to bolster growth or retain its prime target of keeping inflation checked at 4 in the medium term. — Reuters

Central bank expected to paint subdued picture of economy

MUMBAI: India’s central bank is expected to keep its benchmark rate at a seven-year low this week amid slowing growth in Asia’s third-largest economy.

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