We Mean Business: Are RBI measures enough to change market sentiment?
June 25, 2012 | Duration: 14 min, 00 sec
The Reserve Bank has decided to open up avenues to bring in more capital inflows into the country by allowing Indian companies in the infrastructure and manufacturing sector to avail external commercial borrowings to the tune of $10 billion to repay their rupee loans. It also increased the FII investment limit in government securities by $5 billion to $20 billion. On We Mean Business, NDTV's Shivani Muthanna and Jay Shankar, Independent Economist & Political Strategist discuss whether will all this work and are the RBI measures enough to change market sentiment and jumpstart the economy.