News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 7 years ago
Rediff.com  » Business » Rajan calls on Jaitley ahead of monetary policy

Rajan calls on Jaitley ahead of monetary policy

Source: PTI
May 25, 2016 17:27 IST
Get Rediff News in your Inbox:

Finance Minister Arun Jaitley (L) and RBI Governor Raghuram Rajan.

Reserve Bank of India Governor Raghuram Rajan on Wednesday called on Finance Minister Arun Jaitley and is believed to have discussed macro-economic situation ahead of the second bi-monthly monetary policy next month.

"I have no comments. . .," replied Rajan on questions regarding the meeting.

The Governor, however, added that he would be holding a press conference in about two-weeks, in apparent reference to his post-monetary policy interaction with media.

The second bi-monthly monetary policy announcement is scheduled on June 7 amid clamour for further rate cut with a view to boosting the economic growth.

The Reserve Bank has reduced interest rate by 150 basis points since January 2015 to give a fillip to the economic growth.

Image: A filr photograph of Finance Minister Arun Jaitley (left) and RBI Governor Raghuram Rajan. Photograph: Reuters

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!