Thursday, September 20, 2012

RBI took the right step ......... thanks to its Governor

...... Thus, a cash reserve ratio (CRR) cut is the most appropriate step that the central bank could have taken for the moment.......

T V Gopalakrishnan Mumbai

......The Reserve Bank of India (RBI) Governor should be praised for his consistent policy stance. Thanks to his resolve, he has succeeded in persuading the fiscal authority to first act and bite the bullet on fiscal discipline before expecting the regulator to announce growth-inducing measures.......

Raman Kumar Agrawalla Bhubaneswar


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