On Air Now

Current Show

Mark Levin Show   6:00 PM - 9:00 PM

Call Mark now at 1-877-381-3811

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 590 AM Kalamazoo, MI

Weather

Current Conditions(Kalamazoo,MI 49001)

More Weather »
68° Feels Like: 68°
Wind: N 9 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Isolated Thunderstorms 59°

Tomorrow

PM Thunderstorms 83°

Sat Night

Clear 59°

Alerts

India central bank deputy says financial imbalances need to be tackled

MUMBAI (Reuters) - Central banks should tackle financial imbalances even if it means sacrificing some economic growth, the Reserve Bank of India deputy governor Anand Sinha said in a speech on Wednesday.

India's central bank has recently unveiled a slew of measures including draining cash and raising short-term interest rates, sparking concerns about the impact on economic growth.

Sinha Also said macroprudential regulations and monetary policy should move in the same direction.

(Reporting by Shamik Paul; Writing by Subhadip Sircar; Editing by Rafael Nam)

Comments