Need to anchor inflation expectations: RBI
It would be ideal and possible to bring Indian inflationary expectations as close to the levels of global inflation, says an official.
Updated on: Apr 30, 2008 2:42 PM IST
Share via
Copy link
It would be ideal and possible to bring Indian inflationary expectations as close to the levels of global inflation, Reserve Bank of India Governor Yaga Venugopal Reddy said on Wednesday.
Reddy was speaking to reporters a day after it raised banks' cash reserve requirements by 25 basis points to 8.25 per cent but kept its other policy rates unchanged.
Stay updated with the latest Business News on Petrol Price, Gold Rate, Income Tax Calculator along with Silver Rates, Diesel Prices on Hindustan Times.
