Socio-cultural revolution needed to cut gold buys, help CAD: RBI
Reserve Bank Deputy Governor K.C. Chakrabarty has called for a 'social and cultural revolution,' especially on the religious front to reduce demand for gold which will, in turn, ease current account
Banks must behave responsibly, says Chakrabarty
Banks and institutions cannot ‘behave in an irresponsible manner’ and expect the Reserve Bank alone to ensure smooth functioning of the financial markets, RBI Deputy Governor K.C. Chakrabarty said on