Yashwant Sinha Hits Out At RBI: Bigger Rate Cut Need Of The Hour

Former Finance Minister and senior BJP leader Yashwant Sinha lashed out at the RBI saying the Central Bank was overtly negative in its economic outlook in the latest policy review. Sinha, the father of the current MoS finance Jayant Sinha, said that the 25 bps rate cut was not enough to boost the economy as there is dire need of at least a 100 basis points rate cut. Sinha went on to say that the RBI was acting like a super regulator, not giving growth a chance. Listen in to the man himself.