Monday, March 31, 2014

If inflation is 7-10%, lending rates can't be less than 12-14%: Rakesh Mohan

........I don't think the IMF's assessment has been that different from what the Government of India has itself been saying, although it does give a somewhat smaller weight to global factors. There is clearly an impact of the global economic slowdown on almost every country. Coming back to India, we were able to counter the immediate impact ............

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