RBI policy highlights: Prioritising inflation over growth, says Das

RBI Monetary policy updates: As expected by market participants, RBI retained status quo on key interest rates. Governor Shaktikanta Das said. "Approach needs to cautious, but proactive". Stay tu

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Inflation above RBI's tolerance level

Inflation has held above the Reserve Bank of India's 6 per cent upper threshold so far this year, casting doubt on its current strategy of keeping rates low to bolster growth even as some central banks are already raising borrowing costs in this cycle.