RBI is like a seat belt, without it you can get into an accident, says Raghuram Rajan
Raghuram Rajan said the central banks need to examine the liquidity problem of NBFCs much closer and solve the issue by putting liquidity in the market.
The former governor said India is in a much better situation in terms of inflation and the government and the RBI should be duly credited for keeping the inflation low.
Published Date: Nov 6th, 2018 08:19 AM | Updated Date: Nov 07, 2018 06:50 AM IST
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more