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Wednesday, December 14, 2011

Fight Against Inflation Hurting Corporate Investment : Pranab

Ahead of the monetary policy review by the Reserve Bank on Friday, Finance Minister Pranab Mukherjee today said the fight against inflation is hurting the corporate investment.

The comment assumes significance as all eyes are now on the policy review of Reserve Bank of India (RBI) which has hiked key rates 13 times since March 2010 in its bid to tame inflation, thereby making borrowings by corporates and other loans costlier.

From: http://ping.fm/EX4SV

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