We Mean Business: Has RBI done a balancing act by keeping rates unchanged?

PUBLISHED ON: June 18, 2012 | Duration: 56 min, 42 sec

  
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India's central bank left its key interest rate unchanged Monday due to inflation concerns, thwarting hopes of a rate cut to kick-start flagging growth in Asia's third-largest economy. On We Mean Business, NDTV's Shivani Muthanna, B A Prabhakar, CMD, Andhra Bank, S Sandilya, President, SIAM, Sajjid Chinoy, India Economist, JPMorgan, Mohan Shenoi, President-Group Treasury & Global Markets, Kotak Mahindra Bank, Ajay Mahajan, MD, FICC Capital and Ashok Kumar Jha, Former Finance Secretary, discuss whether the RBI has done a balancing act by keeping key rates unchanged and whether it is a time for the government to act.
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