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Bloomberg Quint

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Image Credit: Bloomberg Quint

Former RBI Chief Subbarao Urges Transparency In Policy Stance Communication Amid Uncertainties

  • Former RBI Governor Subbarao emphasizes the need for transparency in policy stance communication amid uncertainties.
  • He suggests that the RBI should provide guidance to the markets and the public to build confidence during times of economic uncertainty.
  • Subbarao views the upcoming interest rate decision as more challenging than previous ones, considering the uncertainties in inflation, global recession, tariffs, and weaker exports.
  • He cautions against government intervention to protect investors who have lost money in the stock market, emphasizing that volatility is inherent in the stock market and involves certain risks and rewards.

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