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RBI has chosen to maintain a Balance between Growth and Inflation while keeping the Policy Rates Unchanged and Followed a Caliberated Approach to that effect: FM

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....BI has chosen to maintain a Balance between Growth and Inflation while keeping the Policy Rates Unchanged and Followed a Caliberated Approach to that effect: FM <br>News and Press Release<br>Dated:- 4....

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....-6-2014<br><BR>Following is the text of the Statement of the Union Finance Minister Shri Arun Jaitley with regard to RBI Policy announced today: "The Reserve Bank of India (RBI) has reduced the SLR b....

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....y 50 basic points while maintaining the repo rate as unchanged. It is a priority for the Government to maintain a balance between growth and inflation. The Government is also concerned with restartin....

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....g the investment cycle and moving towards higher growth and employment generation. We would like to address the problem of inflation through supply side measures particularly in relation to food infla....

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....tion. Fiscal consolidation is a priority for the Government. The RBI has also chosen to maintain a balance between growth and inflation while keeping the policy rates unchanged. It has allowed banks ....

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....to lend more to the private sector since they will be required to subscribe less to government securities than earlier. It has followed a caliberated approach aimed in the direction of balancing betwe....

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....en growth and inflation."<BR> News - Press release - PIB....