December 1, 2015 2:12 PM

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RBI's efforts to bring down inflation credit positive: Moody's

Moody's Investors Service has said that RBI's efforts in bringing down inflation is credit positive for the country. Moody's Investors Service Associate MD – Sovereign Risk Group, Atsi Sheth told PTI that they hope the central bank will continue to remain vigilant in sticking to the target level. Sheth also said that high inflation has been a constraint on the credit profile of the country in the past and food price volatility makes India vulnerable to inflation spikes.

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