"We want a drop in interest rate. This (interest rate) is a huge problem now for us. Real interest rate in India today is touching six percent", RBI had remained for long letting the CAPITAL LENT itself drop out from recirculating use for the development of Indian Economy.If we had been silent then we should be silent now too
"We want a drop in interest rate. This (interest rate) is a huge problem now for us. Real interest rate in India today is touching six percent", RBI had remained for long letting the CAPITAL LENT itself drop out from recirculating use for the development of Indian Economy.If we had been silent then we should be silent now too
RBI is not behaving properly. It (RBI policy) is anti-growth," Patel told a group of Indian reporters in Washington, DC..WELL SAID .RBI was pro growth when it was winking eyes to balance sheet fudging in banks to let the top 0.1% of Indians -the Industrialists are in this- earn 12% of Total growth as against the 50% of Bottom level people getting 11% of wealth earning during our National wealth privatizing time of 1980 -2014.” Inflation is necessary irrespective of growth.” It is also wWELL SAID.When inflation is HIGH the REAL INTEREST RATE OF THE ALREADY TAKEN LOAN HELPS TO INCREASE THE WEALTH OF THOSE WHO BORROWED THAT MONEY. “A tighter monetary policy is hurting India's economic growth,"The Pvt. Sector has to plough in it’s money, not take money of banks.It is high time the Govt. Starts running Govt. of India companies but with witout trade union indiscipline.R.PONNAMBALAM
"RBI is not behaving properly. It (RBI policy) is anti-growth," Patel told a group of Indian reporters in Washington, DC. Mr Pankaj patel should mind his language -he is not a politician who have the 'privilege' of using bad words. Mr Pankaj Patel is a polished business man of INDIA> Virendra
