June 8, 2016 11:12 AM

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RBI policy broadly endorses govt estimates on growth, inflation: Finance ministry

The Finance Ministry has said the RBI monetary policy is broadly in line with government's expectations on growth and inflation. In its second bi-monthly policy review for the current fiscal, RBI maintained status quo on interest rate, while pegging economic growth at 7.6 per cent and retail inflation target at 5 per cent for January 2017.In a tweet,Economic Affairs Secretary Shaktikanta Das said that RBI policy statement broadly endorses government expectations on GDP growth and inflation.

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