Strong Sustainable Growth for the Indian Economy

Raghuram Rajan

Working Papers from eSocialSciences

Abstract: How is the RBI helping the government to create the conditions for a sustainable growth? Structural reforms will help strengthen this growth – two weeks ago, the Government announced Indradhanush, last week RBI licensed new payment banks, next month we will license new small finance banks, two new universal banks are starting in October, the providers of the TREDs system will be licensed in November.

Keywords: RBI; government; TREAD; finance banks; universal; license; sustainable growth; Structural reforms; Indradhanush; global market recovers; inflation; consumer price; balance sheets; future price; institutions; monetary policy; Indian economy (search for similar items in EconPapers)
Date: 2015-08
Note: Institutional Papers
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Citations: View citations in EconPapers (1)

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