Today, Reserve Bank left interest rate unchanged saying there was no substantial development on inflation or fiscal fronts to warrant a fresh reduction. This trend follows a surprise rate cut by RBI on January 15 to tackle disinflationary pressure.

Today, Reserve Bank left interest rate unchanged saying there was no substantial development on inflation or fiscal fronts to warrant a fresh reduction. This trend follows a surprise rate cut by RBI on January 15 to tackle disinflationary pressure.