g20 Courtesy: G20 Taskforce, Department of Prime Minister and Cabinet
25 February 2014

RBI and G20: Time to recalibrate?

BY

After 2008 the G20 framed guidelines for emerging economies to coordinate their financial actions with the developed world. But the US’s backtracking created havoc in many countries. Now, after the recent G20 meeting, it may be time for the RBI to reconsider some financial measures, which India took in good faith