Mumbai, December 18
The RBI today left key policy rates like repo and CRR unchanged even as governor Raghuram Rajan hoped that inflation would moderate in the coming weeks.

The RBI Governor in his mid-quarter monetary policy review said the central bank would not hesitate to take policy action even before policy dates if the situation warranted.

"There is merit in waiting for more data to reduce uncertainty," he said. The RBI governor hoped that prices would come down moderating inflation.