There is enough room for an accommodative monetary policy when the policy is announced on June 17, believes Pratip Chaudhuri, CMD, State Bank of India. This is a possibility given the present growth of the economy, he said at a CSR event organised in Bangalore by State Bank of Mysore. An accommodative monetary policy is one where the RBI could attempt to expand the overall money supply to boost the economy when growth is slowing...............
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