RBI says growing significance of asset prices in monetary transmission

Deepak Mohanty said that as demand for housing finance grows, risks may arise on household and lenders' balance sheets

Reuters Mumbai
Last Updated : Aug 30 2013 | 10:32 AM IST

Asset prices are increasingly assuming significance for monetary policy transmission, Reserve Bank of India Executive Director Deepak Mohanty said on Friday.

He said that as demand for housing finance grows, risks may arise on household and lenders' balance sheets.

 

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First Published: Aug 30 2013 | 10:14 AM IST

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