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RBI's committee on interest rate sounds cautious on inflation

The six-member Monetary Policy Committee had unanimously decided to maintain the rates two weeks ago, while staying optimistic on growth.

Vegetable, Retail inflation
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New Delhi
The Reserve Bank of India’s Monetary Policy Committee (MPC) sounded cautious on the inflation outlook, while acknowledging a sharp fall in food and crude oil prices, according to minutes of

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First Published: Dec 19 2018 | 5:57 PM IST

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