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India Infoline News Service / 19:22, Jun 07, 2018
The median inflation expectations for three months and one-year ahead rose by 90 basis points and 130 basis points, respectively, compared with the March survey.
India Infoline News Service / 14:40, Jun 06, 2018
The decision of the MPC is consistent with the neutral stance of monetary policy in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth. The main considerations underlying the decision are set out in the statement below.
Urjit R. Patel
Urjit R. Patel is an Indian economist, consultant and banker, currently serving as Deputy Governor of the Reserve Bank of India (RBI). As Deputy Governor of RBI, he looks after monetary policy, economic policy research, statistics and information management, deposit insurance, communication and Right to Information. On 20 August 2016, he was named as the governor of RBI.