RBI's foreign capital push reflects rising inflation, slowing growth concerns: Report
New Delhi, June 6 -- Reserve Bank of India's (RBI) latest measures to attract foreign capital reflect growing concerns over rising inflation, slowing economic growth and external sector pressures, according to a strategy report by Systematix Institutional Equities.
In its report titled "RBI's Capital Inflow Push: Will It Resolve India's Macro Dilemma?", the brokerage said the central bank's latest policy package is aimed at addressing emerging Balance of Payments (BoP) challenges arising from higher crude oil prices and weak capital inflows.
"The major thrust of the RBI's policy announcement today is that the central bank is leaning significantly towards policy interventions aimed at attracting foreign capital in multiple forms," the re...
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