............In a statement that is bound to catch popular imagination, the RBI says that both borrowers and lenders have become risk averse, the former because of governance concerns, delays in approvals and tight liquidity and the latter due to rising non-performing assets and heightened risk premia. Finally, the RBI once again renews its call for easing supply side constraints, notably in food and infrastructure without which the effectiveness of monetary policy to contain inflation and anchor inflation expectations will be undermined.
Read - The Hindu
No comments:
Post a Comment