India RBI: Monetary Policy Statement 2013-14

The Annual Policy for 2013-14 is formulated in an environment of incipient signs of stabilisation in the global economy and prospects of a turnaround, albeit modest, in the domestic economy. 2. In the advanced economies (AEs), near-term risks have receded, aided by improving financial conditions …

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India RBI: Monetary Policy Statement 2013-14

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