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RBI to review Monetary Policy Commette's recommendations

On Oct'04,2016,shall present its reviews on Monetary Policy Committe (MPC) recommendations,chaired by RBI,Governor. Experts expect no changes in Equity Money Installments(EMI) & other banking rates etc., as there has not been appreciable reduction in Wholesale Price Index (WPI) which is 3.76% & Retail Price Index (RPI)which is now 5.04%. Targets fixed by Government for RPI for next 5 years is 4% +/- 2%.

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RBI to review Monetary Policy Commette's recommendations

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RBI to review Monetary Policy Commette's recommendations