Inflation should be brought down to accelerate Growth: RBI Guv

Reserve Bank of India Governor D Subbarao expressed concern over inflation and said it needs to be curbed to boost the economic growth. While speaking at Conference on “Financial Inclusion” in Agartala on Thursday, Subbarao said curbing the rising inflation is very necessary to protect the poor so as to provide them a decent livelihood. Subbarao further revealed that central government and the RBI tend to open the banking branches in the villages that do not have access to them.