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DEA SECRETARY - GDP Completely Negates Note Ban Apprehensions DEA SECRETARY - Manufacturing Sector Growth Is Very Satisfying

Are RBI Measures Likely To Do More Harm Than Good?

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July 18, 2013: Siddhartha Sanyal, Chief India Economist at Barclays Capital, said the latest set of RBI measures may prove to be dangerous, unless the government and the central bank manage to quickly bring foreign exchange into India. Raising doubts over the RBI’s move, Sanyal said that it is a deviation from the central bank’s explicit easing stance in the past.