BUSINESS

New RBI chief on inflation and India growth story

Source:PTI
September 09, 2008 17:56 IST

Duvvuri Subbarao the new Reserve Bank of India governor said on Tuesday that the central bank will review GDP growth forecast for this fiscal during its October review of monetary policy.

Talking on inflation, Subbarao said, it is a combination of supply side and demand side factors.

"The monetary measures were intended to curtail demand; a slowdown in growth should not surprise us," he added.

Source: PTI
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