Thursday, June 9, 2011

RBI deputy: inflation should decelerate in H2

Inflation in India should start decelerating in the second half of the current fiscal year, deputy governor of the Reserve Bank of India (RBI), Subir Gokarn, said at Citi investor conference on Wednesday. Gokarn also told television channel CNBC-TV18 at the conference it was inevitable that high interest rates would at some point affect growth but the RBI would look to keep that impact small.
Yahoo News

No comments: