INSUBCONTINENT EXCLUSIVE:
The Reserve Bank of India board is to meet next on December 14
Seven hours out of nine spent on the
Reserve Bank of India (RBI) board meeting on Monday were taken up by presentation only, news agency ANI has quoted a board member as saying
"We attended the Monday meeting with complete preparation and were not tense
It was an intellectual debate and the meeting was intellectually stimulating," said the member, who didn't want to be identified
Announcements following the marathon board meeting failed to calm investors, as the Street expected implementation of the proposed measures