RBI may take more steps to curb inflation: Chakrabarty

Thursday, December 30, 2010
Print Print Email Email
Bangalore: The Reserve Bank of India (RBI) today said inflation is always concern and hinted at taking more steps to check it. "Inflation is always a concern", RBI Deputy Governor K C Chakrabarty said. Asked if the RBI is expected to take more measures to cool down inflation, he said: "RBI has already taken the measure. If the Reserve Bank feels the measure is not adequate, they (RBI) will take more measures." On pointing out that the RBI had earlier hinted at "pause" vis-a-vis its measure regarding inflation, Chakrabarty said: "Pause does not mean halt. You need to distinguish between pause and halt. Pause is not a halt." Speaking to reporters after inaugurating a "Grameena Vikas Kendra" (branchless banking unit) of Corporation Bank at Mallohalli village in Bangalore Rural district, he also said he does not believe liquidity is a problem.
Source: PTI
Looking For Loan? Let us Help you !!!
Product
Name
City
Phone
Email
Loan Amount
Annual Income
Preferred banks
Captcha
Type the characters you see in the picture
  Submit
SPOTLIGHT
Banks need to raise own capital
Public Sector Banks (PSBs) may raise capital themselves to meet regulatory and growth ..
Bharti Airtel board approves
Telecom major Bharti Airtel on Thursday said its board of directors has approved fund raising ..
Brookfield to buy RIL E-W Pipeline
Canadian investor Brookfield has acquired the loss-making East-West Pipeline Ltd from Mukesh Amba..
90% of developing economies
Ninety per cent of developing economies, including India are falling behind or are at risk of fall..
Previous
Next