RBI deputy outlines ‘key tasks’ for market development

Harun Khan lays out the main areas of work in broadening financial markets

rbi-tower

A deputy governor at the Reserve Bank of India (RBI) has outlined how he expects the Indian economic landscape to look in 2020, on the back of policy-makers' work to broaden and deepen the country's financial markets.

Harun Khan identified three "key tasks" that lie ahead, including building liquidity and improving market access; developing the government bond market; and improving central bank communication of its debt management policy.

Hence, by 2020, he expects fiscal consolidation to have

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