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India isn't ready yet for fully freed capital flows
Mint Bangalore
|April 22, 2026
In matters of macroeconomic policy, going slow and steady is usually better. Capital account liberalization is a worthy goal but mustn't be pursued at the cost of India's macro stability
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A speech by Reserve Bank of India (RBI) Governor Sanjay Malhotra at Princeton University on 18 April is noteworthy for setting down in black-and-white some of the basic principles that have guided the central bank over the past many years.
Dit verhaal komt uit de April 22, 2026-editie van Mint Bangalore.
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