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RBI keeps key rates unchanged, may cut early Jan

Mumbai, Dec 2 (IBNS) The Reserve Bank of India (RBI) on Tuesday kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent, but said if the current inflation momentum and changes in inflationary expectations continue, and fiscal developments are encouraging, a change in the monetary policy stance is likely early next year, including outside the policy review cycle..

by IBNS December 02, 2014