Former Reserve Bank of India Governor Y V Reddy speaking at Chandra Rajeshwar Rao Memorial Lecture on Demonetisation at Kondapur in Hyderabad.
PTI Photo
Reddy (standing 3rd from left) with then VP Dr Radhakrishnan
Former RBI Governor Y V Reddy interacts with former Indian Ambassador to the US Abid Hussain before delivering the ASCI foundation lecture on 'Recent International financial turmoi...
The RBI governor steps in to address the 11 percent number, and allays fears on the financial sector and the food front, reiterating that as of now, "fuel prices are the main, though a difficult, problem".