BUSINESS

Rediff.com » Business

RBI hikes inflation target to 6.5%
Source: PTI
October 27, 2009 11:59 IST
The Reserve Bank of India has raised inflation projection to 6.5 per cent with an upside bias by this fiscal end from 5 per cent projected earlier.

The RBI kept other key rates and ratios like repo, reverse repo and cash reserve ratio unchanged.

Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
© 2024 Rediff.com