RBI Will Roll Back Measures When Purpose Served: Rajiv Takru
  • Nikita Setia
  • Aug 02 2013

If the RBI intended to change policy, they would have tweaked rates, Financial Services Secretary Rajiv Takru says, adding that the entire banking system had seen this as a temporary measure. “The measures can be rolled back in a day. The idea is not to starve the system of funds but to curb speculation in the rupee,” he says.