Capital account convertibility inescapable: RBI
Pitching for full capital account convertibility, the Reserve Bank has said that with Indian economy becoming global it would be hard to maintain capital controls for a long period of time.
May 18, 2015, 18:13 PM IST'Full capital a/c convertibility will make India leading economy'
India needs to take many policy measures over a period of time, including moving towards full capital account convertibility, to become a leading global economy, Minister of State for Finance Jayant Sinha has said.
Apr 15, 2015, 14:13 PM ISTFull rupee convertibility in a few years: Raghuram Rajan
Reserve Bank Governor Raghuram Rajan on Friday said the central bank is looking at allowing full capital account convertibility in a few years.
Apr 10, 2015, 20:31 PM IST