
The Reserve Bank today said the soft monetary policy adopted by it to counter the impact of the global financial meltdown on the country will continue till the economic recovery is secured.
"Especially on monetary policy, we will not exit unless we are sure that recovery is secured ...but soon thereafter when we make the judgment that the recovery is secured, we have to unwind the accommodation monetary policy," said RBI Governor, D. Subbarao.
However, the Governor added, the government and the RBI will have to take a call on exiting from stimuli given for perking up the slowing down economy sooner
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