RBI Governor meets Finance Minister today
Updated: Jun 11, 2015 04:03:05pm
New Delhi, June 11 (KNN) Reserve Bank Governor Raghuram Rajan met Finance Minister Arun Jaitley today to discuss the macroeconomic issues.
"These are all usual meetings which we have. Nothing special. Broad range of issues was discussed. Lots of issues were discussed," Rajan told media persons after the meeting.
The meeting comes days after RBI's monetary policy review. "We have voiced whatever we had to say at the monetary policy," Rajan added.
On June 2, RBI reduced the short term lending rate (repo) from 7.5 per cent to 7.25 per cent.
The Finance Minister will also be meeting the heads of the public sector banks on Friday to review the banks' annual performance and bad loan situation and also to persuade them to pass on RBI's rate cut benefit to borrowers for propping growth. (KNN Bureau)
"These are all usual meetings which we have. Nothing special. Broad range of issues was discussed. Lots of issues were discussed," Rajan told media persons after the meeting.
The meeting comes days after RBI's monetary policy review. "We have voiced whatever we had to say at the monetary policy," Rajan added.
On June 2, RBI reduced the short term lending rate (repo) from 7.5 per cent to 7.25 per cent.
The Finance Minister will also be meeting the heads of the public sector banks on Friday to review the banks' annual performance and bad loan situation and also to persuade them to pass on RBI's rate cut benefit to borrowers for propping growth. (KNN Bureau)
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