Governor Shaktikanta Das on Friday said the Reserve Bank of India (RBI) may consider "further policy actions" only if it is confident of headline inflation staying put at 4 per cent. He said it is the central bank's core objective to align the inflation rate with the 4 per cent target, and added that no action on rates will be possible till the RBI is confident of it remaining at or below 4 per cent. Speaking to reporters at the customary interaction after choosing a status quo in rates for the eighth consecutive time, Das said as per the RBI's projections, consumer price inflation is coming at 3.8 per cent in the December quarter, but rising again later to touch 5 per cent. "It (inflation) has to align with the target and once it reaches 4 per cent, it has to stay there. When we will get confidence that this will stay at 4 per cent and will not go up, then we will think about further monetary policy actions," Das said. He was replying a specific question on when to expect a rate c Read The Rest at :