Tag «impact on inflation»

Time to keep close watch on Pay Commission impact on inflation; RBI raises right concerns: ASSOCHAM President

While maintaining status quo on benchmark policy interest rates was on expected lines, RBI Governor Dr Raghuram Rajan’s assertion that the central bank remains “in accommodative stance” is quite reassuring for the industry, said ASSOCHAM President, Mr Sunil Kanoria. He said the Credit Policy review has rightly raised a concern about the possible impact of …