Rbi Fifth Bi Monthly Policy Statement For Fiscal 2019 20

RBI monetary policy: Central bank sharply lowers growth projection to 5% for current fiscal

The Reserve Bank on Thursday sharply lowered the growth forecast for the current financial year to 5 percent from the earlier estimate of 6.1 percent on account weak domestic and external demand

RBI raises inflation projection for second half of current fiscal on spike in vegetable prices

The Reserve Bank of India (RBI) on Thursday raised its inflation projection to 5.1-4.7 percent for the second half of the current fiscal on the back of spike in prices of vegetables such as onion and tomatoes

RBI keeps benchmark interest rate unchanged at 5.15%; other key highlights of monetary policy review

The Reserve Bank of India on Thursday kept the key policy rate unchanged at 5.15 percent and decided to continue with its accommodative stance to support the economy