Kumari Palany & Co

Deputy Governor of Reserve Bank opens up on inflation rate

Posted on: 08/Nov/2014 2:17:34 PM
Deputy Governor of Reserve Bank of India H.R. Khan said there is nothing to feel overwhelmed about the dip in price following the statistic reports of inflation rates. He also added that there is continual requirement for hike in salary and capital investments. Furthermore, changes in inflation rates do have a huge impact on the world level issues. It is to be noted that it has been widely said that there is a dip in inflation rate unlike past five years. Following this, Reserve Bank interest rates are believed to get reduced.