Fiscal roadmap reassuring but need to consider other variables for rate cut: RBI Governor
By : India Spend
Update: 2012-10-31 09:48 GMT
Reserve Bank of India governor Duvvuri Subbarao shocked the government, investors and industry by standing firm on not lowering interest rates till price pressures ease. But there's a reason. The governor justifies why his actions, though will create a short-term pain, are for long-term pleasure.....Read More