CAD, Capital Outflows Are Major Risks: RBI Governor
  • Gaurav Sarkar
  • May 06 2013

After cutting rates by 25bps and releasing macro-economic policy, RBI Governor D. Subbarao talks about how the central bank’s forecast of the macro situation is based on objective assessments, which signal risks of capital outflows and high CAD. The RBI view on capital flows reflects realism as against the recent euphoria, with factors 'pushing’ money being overwhelmingly influential.