RBI has kept the possibility of future tariff reductions open: report

On October 1, RBI had kept its policy interest at 5.5% unchanged for the second consecutive time, stating concern about the rate of uncertainties. | Photocredit: Francis Mascarenhas The Reserve Bank of India (RBI) has kept the possibility of future tariff reductions open, whereby its Monetary Policy Committee (MPC) is revised its inflation forecasts downwards […]