The monsoon outlook is going to be an important factor in determining Reserve Bank of India’s policy in the next three months, RBI Governor D. Subbarao said in Hyderabad on Friday. Delivering Institute of Public Enterprise’s Golden Jubilee Lecture on ‘India’s Macroeconomic Challenges: Reserve bank Perspectives’ he said the RBI was keeping track of growth, inflation and balance of payments. And importantly it was chasing the monsoon............
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