01746cas a2200241 a 4500 AALejournalIMF005862 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451818666 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. India : 2008 Article IV Consultation; Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for India. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (81 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students India's financial system compares favorably internationally, but rising credit risk and liquidity pressures are putting it under strain. The staff report for India's 2008 Article IV Consultation discusses economic developments and policies. The authorities have already taken numerous welcome measures in response to the crisis. The Reserve Bank of India has been quick in reversing its policy stance and the reductions in interest rates, the cash reserve ratio, and the statutory liquidity requirement together with stepped-up open market operations have been fully warranted. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/187 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/187/002.2009.issue-187-en.xml IMF e-Library