News APP

NewsApp (Free)

Read news as it happens
Download NewsApp
Home  » Business » Curbing inflation RBI's top priority

Curbing inflation RBI's top priority

Source: PTI
Last updated on: July 25, 2006 15:55 IST
Get Rediff News in your Inbox:

The Reserve Bank of India said on Tuesday it would accord highest priority to contain inflation within 5 to 5.5 per cent, while keeping its projection for economic growth during 2006-07 unchanged at 7.5 to 8 per cent.

It would endeavour to ensure that appropriate liquidity is maintained to meet the legitimate credit requirements consistent with price and financial stability, the bank said in the quarterly review of the Annual Statement on Monetary Policy.

The Monetary and Credit Policy 2006-2007

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!