Rao Says RBI Faces Growth, Inflation `Balancing Act’

Jan. 24 (Bloomberg) — Shubhada Rao, the Mumbai-based chief economist at Yes Bank Ltd., talks about India’s economy and central bank monetary policy. The Reserve Bank of India will keep its repurchase rate at 8.5 percent today for a second month, all 21 economists in a Bloomberg News survey said. It is due to release its monetary-policy announcement later today. Rao speaks with Rishaad Salamat on Bloomberg Television’s “On the Move Asia.” (Source: Bloomberg)

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