ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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CREDIT POLICY-Helpless Concern

THE Governor of the Reserve Bank of India has, as was to be expected, expressed his concern over recent monetary and credit trends. Also, as was equally to be expected, the RBI's response to the situation is so conventional and half-hearted that it is doubtful that the measures, just announced by the Governor at his usual busy season-eve meeting with bankers, will make much difference to these trends.

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