Are RBI Measures Likely To Do More Harm Than Good?
  • Gaurav Sarkar
  • Jul 18 2013

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.