Banks can park funds in infrastructure projects

ARTICLE - If the brief for a central bank is to guarantee liquidity in a milieu of low inflation and high forex reserves, the RBI can be said to have done more than its bit. On the supply side, RBI has been able to manage a dipping interest regime over the last two years and it cannot be faulted if the Central Government has been the main beneficiary.

Originally published by Business Line India, 23 October.

Corporates have been able to contain interest outgo from their balance sheets by replacing

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