Thursday, September 5, 2013

Farewell, people's banker at Mint Street


MUMBAI: Economists and market participants may argue over the efficacy of outgoing Reserve Bank of India governor D Subbarao's policy measures, but the common man has reaped a bounty in terms of customer-friendly steps during his tenure. Judging Subbarao's performance based on current market conditions would be inappropriate as no other central bank chief had to face such a hostile external environment at both ends of his term..........

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