India News: P Chidambaram comments on RBI's monetary policy review

India News: A day ahead of RBI's monetary policy review, Finance Minister P Chidambaram today said the mandate of a central bank is not only to ensure price stability but also to promote growth and generate employment. Stating he did not expect any hike in interest rates by the commercial banks, the Minister said they had enough funds to meet credit demands and that the onus of coming up with large investment projects rests with the industry.

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