Monday, December 24, 2012

‘Economy of a country depends upon its sources of investment’


Mangaldai (Dec 20): The Banking sector in India has been taking efforts in order to develop the economic structure of the country through various activities. The present economy of the country depends upon its sources of investment. It is an urgent need for the improvement of economic structure in the country by creating awareness about the various policies taken by the banking sector among the masses that the people from every angle will be able to enjoy its benefit. This was said by Executive Director of Reserve Bank of India Deepak K. Mohanty while addressing a public meeting at Pakadali, a remote village at Sipajhar in Assam’s Darrang district on Saturday after inaugurating a Financial Outreach Camp. Speaking on the occasion, Mohanty stated that inflation in India has gradually come down compared to previous years. “The Reserve Bank of India is very concerned over the matter. Some latest policy carried by the RBI will help to decrease the present infiltration in the country,” he hoped........

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