News > 3 lessons in personal finance management from RBI’s inflation targeting policy
3 lessons in personal finance management from RBI’s inflation targeting policy
16/12/2022 03:57 PM | Click to read full article
There’s finally some good news for the RBI and every Indian consumer on the inflation front. For the first time this year, retail inflation dipped below the central bank’s upper-tolerance limit of 6%, coming in at 5.88% in November. Since 2016, the RBI has been following an inflation-targeting policy with the goal of maintaining inflation at 4% with a tolerance limit of +/-2%.