RBI: Third Quarter Review of Monetary Policy 2008-09

Published on Tue, Jan 27, 2009 at 11:54 |  Source : Moneycontrol.com

Updated at Tue, Jan 27, 2009 at 17:06  

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This quarterly review is set in the context of a deteriorating global economic outlook and heightened uncertainty about the global financial sector. In fact, there has been a rapid and marked downturn in the global economic outlook since the Reserve Bank's Mid-term Review in October 2008. The continued bad news from large international financial institutions on a regular basis renews concerns as to when the global financial sector might attain a semblance of stability. 

 

To view detailed press release, click on the attachment

 

Sourced From: Reserve Bank of India

  

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