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RBI says monsoon outcome is 'biggest uncertainty'

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Reuters MUMBAI
Last Updated : Jun 02 2015 | 11:48 AM IST

MUMBAI (Reuters) - Reserve Bank of India chief said the biggest uncertainty ahead was the outcome of the annual monsoon, after the rains missed their normal start date, along with subsequent government action.

"Each path of the sequence is fraught with uncertainty. So we need to figure out how this plays out. And, clearly government action is very important," Reserve Bank of India Governor Raghuram Rajan said after the central bank's policy meeting on Tuesday.

(Reporting by Neha Dasgupta and Swati Bhat; Editing by Biju Dwarakanath)

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First Published: Jun 02 2015 | 11:40 AM IST

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