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Next fiscal likely to be more challenging: RBI Governor

March 31st, 2009
Author : Biz2Credit Advisor

In an article published smetimes.tradeindia.com,the Governor of the Reserve Bank of India (RBI) cautioned that the 2009-10 fiscal may prove to be more challenging as compared to 2008-09, which had seen the first two quarters unaffected by the economic recession. Also, while the green field projects continue, brown field projects requiring fresh investments remain suspended for 2009-10. There is a need for freshness and a competence revival to face the challenges for the coming year.

Tags: Reserve Bank of India (RBI)
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