Reserve Bank to change lending for infrastructure projects
Posted on: 11/Jul/2014 10:54:34 AM
Reserve Bank of India Governor Raghuram Rajan in a speech in the southern city of Chennai said, " Hopefully by the end of the year we think the economy is on course to come down to a CPI inflation rate of about 8 per cent, and by the end of next year to a level of 6 per cent, and we are certainly determined to make sure it follows this glide path,"
The central bank governor also noted the RBI would "shortly" issue circulars regarding banks lending for infrastructure projects.
