Reserve Bank of India has informed that Indian Economy is in a rather good shape prepared to face any crisis.
Reserve Bank of India has noted that the economy of the increasing number of large corporate institutions is in good condition and as investments continue to increase, the open market opportunities for the institutions have increased.
However, on the other side, Reserve Bank of India has informed that the during the 6 month period between March & September, debt growth has reduced from 9.7% to 9.4% and this is a matter for concern.
Reserve Bank of India has granted permission to invest up to 49% in the V-Mart retail commerce.
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