Urjit Patel Quotes

What is important is that in a capital-scarce country like India, the real interest rate needs to be positive enough to encourage healthy growth of financial savings; we get into macro difficulties when real rates on financial savings become negative for a length of time.

Urjit Patel

• Positive
• India
• Rate
• Difficulties
• Financial Savings

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• What is important is that in a capital-scarce country like India, the real interest rate needs to be positive enough to encourage healthy growth of financial savings; we get into macro difficulties when real rates on financial savings become negative for a length of time.

  

  Urjit Patel
  • Positive
  • India
  • Rate