News From Press RBI keeps rates unchanged: Fixed Income investors should make full use of this opportunity

RBI keeps rates unchanged: Fixed Income investors should make full use of this opportunity

Source: Economic Times Jun 8, 2016

"Potential upside risk from inflation", is one of the major factor that made Reserve Bank of India (RBI) Governor Raghuram Rajan keep the policy rates unchanged in the 7th June monetary policy meet. This could mean the interest rates might not be coming down in a hurry. While EMI payers may not have anything to cheer about, fixed income investors may have a sigh of relief.

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