RBI Striking Balance Between Rupee And Growth: HDFC Bank
  • Ekta Tibrewal
  • Sep 05 2013

September 5: Abheek Barua, Chief Economist at HDFC Bank, says the swaps for banks and OMCs will ensure more inflows, easing liquidity without a rollback of measures. RBI Governor Raghuram Rajan is now sending signals that the central bank’s responsibilities go beyond just monetary policy. His reference to unpopular actions may include a stricter bank licensing regime or more stringent action against defaulters, Barua adds.