PREPARE FOR FED TAPERING, FM TELLS REGULATORS
From page 19
NEW DELHI: Finance minister P Chidambaram on Thursday urged all
regulators to take appropriate measures to ensure that the impact of US
tapering of quantitative easing (QE) is minimal on the Indian economy.
Speaking at the Financial Stability and Development Council meeting in New Delhi, Chidambaram said that the opportunity available due to the postponement of the reversal of the monetary policies in advanced economies should be utilised to further address the macroeconomic imbalances.
Speaking at the Financial Stability and Development Council meeting in New Delhi, Chidambaram said that the opportunity available due to the postponement of the reversal of the monetary policies in advanced economies should be utilised to further address the macroeconomic imbalances.
Reserve Bank of India governor Raghuram Rajan, finance secretary
RS Gujral, secretary of economic affairs Arvind Mayaram, Securities and
Exchange Board of India (Sebi) chairman UK Sinha and Insurance
Regulatory and Development Authority (Irda) chair man TS Vijayan were
among those who were present in the meeting.
Quantitative easing undertaken since the global financial crisis has mitigated some of the adverse effects of the crisis.
On September 18, the US Federal Reserve decided to hold off on scaling back its bond-buying programme.
NAME MITHILESH CHAUBEY
PGDM 1 SEM
Quantitative easing undertaken since the global financial crisis has mitigated some of the adverse effects of the crisis.
On September 18, the US Federal Reserve decided to hold off on scaling back its bond-buying programme.
NAME MITHILESH CHAUBEY
PGDM 1 SEM
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