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CPI at 7.35%: What happens when RBI fails to meet inflation target?

Updated : January 14, 2020 02:48 PM IST

When the Reserve Bank of India fails to meet the inflation target, it will send a report to the central government stating reasons and the remedial actions that will be taken.
A breach of the tolerance level for three consecutive quarters will constitute a failure of monetary policy.
CPI at 7.35%: What happens when RBI fails to meet inflation target?
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