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RBI deputy governor not in favour of inflation target

Published on Wed, Feb 10, 2010 at 16:10 |  Source : Reuters

Updated at Wed, Feb 10, 2010 at 17:20  

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RBI deputy governor not in favour of inflation target

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Reserve Bank of India Deputy Governor Subir Gokarn said on Wednesday he was not in favour of targeting inflation and said domestic growth drivers would depend on significant increases in capital inflows.

"I have not been in favour of inflation targetting before or after the crisis," Gokarn said.

  

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Entities: Reserve Bank of India, Reserve Bank of India
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