Yet to gauge GST impact on inflation, RBI unlikely to tweak rates on June 7—सविस्तर माहितीसाठी Business Standard मधील बातमी वाचावी.

The Reserve Bank (RBI) is likely to maintain status quo at its monetary policy review on Wednesday as it would like to gauge the impact of GST rollout on inflation, say experts.

However, industry and government are pitching for a rate cut to boost GDP growth which fell to 7.1 per cent in 2016-17 from 8 per cent in the previous fiscal.

“Given the inflation trajectory and as the liquidity in enough in the market, it is unlikely that there would be any rate cut this time. I think commentary on the policy will be benign,” State Bank of India DMD and Chief Financial Officer Anshula Kant told PTI.

via Yet to gauge GST impact on inflation, RBI unlikely to tweak rates on June 7 | Business Standard News

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