.....The sub-committee meeting, chaired by Reserve Bank of India (RBI) Governor D. Subbarao, also discussed concerns on slowing growth, persistent inflationary pressures, growing twin deficits and negative market perceptions, said a statement issued by the RBI after the meeting. RBI Deputy Governor K.C. Chakrabarthy told reporters that a contingency plan on Eurozone was being worked. "A separate committee is working on that," he said......................
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