Mon, Jun 20, 2016
Buoyed by Jaitley’s 2015 Union Budget, Rajan complemented the government by his second surprise out of turn rate cut on March 4, 2015. "Given low capacity utilisation and still-weak indicators of production and credit off-take, it is appropriate for the Reserve Bank to be pre-emptive in its policy action," he had said.
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Watch the exclusive one-on-one interview of Finance Minister Arun Jaitley with Zee Business news channel saying RBI Governor Raghuram Rajan has done good work and the government is extremely happy about it. Watch this special segment and get to know more.
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