As the government blames the crisis in Greece and the Reserve Bank of India waits for New Delhi to act, corporates are sensing the central bank's and policymakers' helplessness to pull back a sinking rupee. Treasury heads of large companies and fund houses voiced concern at a meeting with the RBI last week even as corporates suggested a flurry of measures before it was too late. And chances are, Governor D Subbarao may have to answer questions on a battered currency and on what to do next when the RBI board - which usually discusses the state of the world stuff over tea - meets in idyllic Mussourie on Thursday....................
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