Reuters logo
5 years ago
India cbank to aim to bring down inflation to 4-4.5 pct in M/T-chief
January 29, 2013 / 10:48 AM / 5 years ago

India cbank to aim to bring down inflation to 4-4.5 pct in M/T-chief

MUMBAI, Jan 29 (Reuters) - The Reserve Bank of India will continue to aim to bring down inflation to 4-4.5 percent in the medium term, chief Duvvuri Subbarao said on Tuesday.

He said there was no argument for the RBI to pin down a medium-term inflation target, while responding to a query on whether the central bank needs a new 'normal' for inflation in the current high inflation scenario. (Reporting by Neha Dasgupta; Editing by Anand Basu)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below