#US Fed’s taper will hit capital flows to #India: #RBI The - TopicsExpress

#US Fed’s taper will hit capital flows to #India: #RBI The Reserve Bank of India (RBI) has cautioned that the U.S. Fed’s taper will trigger some pullback of dollar-denoted capital from India to back home. As a result, New Delhi will have to find domestic sources for funding infrastructure for which the Modi government must align the policies that are holding up the project pipeline, especially in the energy sector, RBI Deputy Governor Urjit Patel told The Hindu. lensonnews/newdetailpage/2/13/48119/1/us-fed%E2%80%99s-taper-will-hit-capital-flows-to-india:-rbi.html

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