Friday, 9 August 2013

RBI's tightening measures can pull GDP to sub 5%.

According to foreign brokerage Bank of America – Merrill Lynch (BofA-ML) prolonging the recent liquidity tightening moves by the Reserve Bank may have an adverse impact on GDP growth which could slip to a low of 4.8 percent.

http://www.moneycontrol.com/news/economy/rbi39s-tightening-measures-can-pull-gdp-to-sub-5-experts-_932827.html

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