RBI Holds Steady, Rates Stay Put as Inflation Teeters

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RBI Holds Steady, Rates Stay Put as Inflation Teeters

The Reserve Bank of India is keeping things chill this Wednesday by holding interest rates steady at 5.25%. With inflation still snug in its 2-6% comfort zone, the RBI is saying, 'Why rock the boat?' Economists are nodding in agreement, expecting no surprises, even as some prices are sneaking up like a cat on a hot tin roof.

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