The RBI is expected to pause rate cuts for the rest of 2017-18 as retail inflation is likely to tread higher towards 4.7% by March, a report said.
India Inc's foreign direct investment (FDI) fell by about 15 per cent to USD 1.34 billion in last month, according to the Reserve Bank data.
Rajan said India cannot afford to become an intolerant society as tolerance is "extremely important" for its economic growth.
In the backdrop of the RBI's report stating that 99% of the demonetised cash had come back into the system, Arun Jaitley said "all of it may not be accounted money".
Finance Minister Arun Jaitley said the fallout of demonetisation was on predicted lines and the economy will benefit in medium and long term.
"There is no proposal to reintroduce 1,000 rupee note" said Economic Affairs Secretary Subhash Chandra Garg in a tweet.
The Reserve Bank of India's Monetary Policy Committee members said easing inflation had supported the need for a rate cut at its August meeting.
PSBs are more focussed on limiting losses from the previous bad debts rather than seeking new lending opportunities.
Former Reserve Bank Governor C Rangarajan said the GST rollout has been smooth barring some initial hick ups and maintained the new regime is just an extension of VAT.
The Rajya Sabha was adjourned for the day after repeated disruptions in the post-lunch session over different sizes of currency notes of same denomination.
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