RBI Should Consider Partial Rollback: Rajat Monga
  • Elizabeth George
  • Sep 19 2013

September 19: Rajat Monga, CFO of YES Bank, says RBI needs to evaluate the relevance of an interest rate defence for the currency and review the trade-off between high rates and the long-term solutions to the currency situation. “So if not a full rollback, a partial reversal should be considered by the central bank,” he adds.