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[Jun 16] RBI to continue with tight monetary policy to check inflation

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Thursday, Jun 16, 2011
Reserve Bank of India
RBI to continue with tight monetary policy to check inflation
The RBI, which hiked interest rates for the tenth time in 15 months today (June 16), said it will continue with its tight monetary policy as inflation is spreading to the non-food segment also, which is a concern. "Based on the current and evolving growth and inflation scenario, the Reserve Bank will need to persist with its anti-inflationary stance of monetary policy," the central bank
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