Rajan says committed to bring down inflation1 min read . Updated: 31 May 2014, 12:35 AM IST
Rajan's comments suggest an interest rate cut is not in the offing in the near term, even as growth remains sluggish
Mumbai: Reserve Bank of India (RBI) governor Raghuram Rajan on Friday said the central bank is committed to bringing down high inflation, suggesting that an interest rate cut is not in the offing in the near term, even though growth remains sluggish in Asia’s third largest economy.
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