...........Inflation has been the key concern for managing the interest rates, which if increased curtails the growth and if decreased fuels inflation; balancing both is truly a tight rope walk for the RBI governor and his team who continue to surprise the market by addressing key policy issues that has been plaguing for a long time. Nevertheless, as against the market expectations that the central bank would increase both the interest rates and the Cash Reserve Ratio (CRR) Mr. Rajan maintained status quo........
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