Today in pics: RBI Governor Raghuram Rajan addresses press conferencehttps://indianexpress.com/photos/picture-gallery-others/today-in-pics-august-5-2014/

Today in pics: RBI Governor Raghuram Rajan addresses press conference

The Reserve Bank on Tuesday kept key policy rate unchanged, giving no respite either to borrowers or India Inc.

With poor monsoon and food inflation continuing to remain a worry, the Reserve Bank on Tuesday kept key policy rate unchanged, giving no respite either to borrowers or India Inc. (Source: Express photo by Pradip Das)

RBI Governor Raghuram Rajan, however, lowered the Statutory Liquidity Ratio, the portion of deposits that banks are required to keep in government bonds, by 0.5 per cent to unlock about Rs 40,000 crore into the system. (Source: Express photo by Pradip Das)

Bankers said the RBI action does not provide room to cut interest rate and hence the EMIs for home and auto loans will remain the same. Industry chambers voiced disappointment saying that RBI should have cut the rate to boost industrial growth. (Source: Express photo by Pradip Das)

Prime Minister Narendra Modi with sarod maestro Amjad Ali Khan and his sons Amaan and Ayaan (extreme left) in New Delhi on Tuesday. (Source: PTI)

Sarod maestro Amjad Ali Khan and his sons Amaan and Ayaan at Parliament House in New Delhi on Tuesday. (Source: PTI)

Congress Vice President Rahul Gandhi at Parliament House in New Delhi on Tuesday during the budget session. (Source: PTI)

NCP chief Sharad Pawar and CPI member D Raja at Parliament House in New Delhi on Tuesday during the budget session. (Source: PTI)