Monday, May 7, 2012

RBI finally succumbs to market, Govt pressures - T.V. Gopalakrishnan

While announcing the policy in January 2010, the Governor, Reserve Bank of India, made an observation that “getting out of an expansionary policy is much more difficult than getting into it. It is like a Padma Vyuha in Mahabharatha –you know how to get in but not many people know how to get out.” ..................

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