Monday, February 20, 2012

Bosses take stock of policy steps

.....“This is a pre-budget FSDC meeting. The finance minister heard all the regulators. Of course the RBI has responsibility both for macro-economic management and for banking regulation. The outcome of today’s meeting will be reflected in the budget,” RBI governor D. Subbarao told reporters here. Apart from the RBI governor, the meeting was attended by Sebi chairman U.K. Sinha and PFRDA chairman Yogesh Agarwal and secretaries in the finance ministry....

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