RBI’s Priority Is to Keep Cost of Capital Low, UBS Says

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Bloomberg Markets and Finance published this video item, entitled “RBI’s Priority Is to Keep Cost of Capital Low, UBS Says” – below is their description.

Apr.08 — Tanvee Gupta Jain, chief India economist at UBS Securities, discusses the outlook for the economy and central bank policy. The Reserve Bank took a step toward formalizing quantitative easing, pledging to buy up to 1 trillion rupees ($14 billion) of bonds this quarter to keep borrowing costs low and support the economy’s recovery. Gupta Jain speaks on “Bloomberg Markets: Asia.”

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