The Prime Minister, Dr. Manmohan Singh will meet Reserve Bank of India (RBI) Governor D Subbarao over the possibility of further monetary steps to check price rise here today. Dr Singh’s meeting with Subbarao comes ahead of RBI’s quarterly review of monetary policy on January 25. RBI has already raised the short-term key borrowing and lending rates six times in 2010 in a bid to raise cost of funds and check inflationary expectations.
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