RBI opened a soft loan window through a special refinance facility for MFs.
Apex industry chamber CII today warned that rising interest rates may hurt new investments even though resources to the tune of 700 billion dollars are in the pipeline over the next three years.
On a day when RBI resorts to tough steps in response to challenging economic conditions, K V Kamath stays upbeat on the India growth story.
Despite escalating inflation and listless industrial growth, India is insulated from global uncertainties, given the huge investment pipeline in the
The objective is also to convey a message to the financial services industry that India cannot sustain high wage cost increases.
