HomeNewsBusinessEconomyChidambaram, Pranab put pressure over interest rates: D Subbarao

Chidambaram, Pranab put pressure over interest rates: D Subbarao

"Both Chidambaram and Pranab Mukherjee were piqued by the Reserve Bank's tight interest rate policy on the ground that high interest rates were inhibiting investment and hurting growth," writes Subbarao, who manned the Mint Road during the global financial crisis and had a five-year tenure from September 5, 2008 to September 4, 2013.

July 16, 2016 / 12:16 IST
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first published: Jul 15, 2016 12:56 pm

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