India : 2008 Article IV Consultation; Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for India.

India's financial system compares favorably internationally, but rising credit risk and liquidity pressures are putting it under strain. The staff report for India's 2008 Article IV Consultation discusses economic developments and policies. The authorities have already taken numerous welco...

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Détails bibliographiques
Collectivité auteur: International Monetary Fund
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2009.
Collection:IMF Staff Country Reports; Country Report ; No. 2009/187
Accès en ligne:Full text available on IMF
Description
Résumé:India's financial system compares favorably internationally, but rising credit risk and liquidity pressures are putting it under strain. The staff report for India's 2008 Article IV Consultation discusses economic developments and policies. The authorities have already taken numerous welcome measures in response to the crisis. The Reserve Bank of India has been quick in reversing its policy stance and the reductions in interest rates, the cash reserve ratio, and the statutory liquidity requirement together with stepped-up open market operations have been fully warranted.
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Description matérielle:1 online resource (81 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Accès:Electronic access restricted to authorized BRAC University faculty, staff and students