Business Standard

Sholay and Subbarao

Image

Business Standard New Delhi

Ramesh Sippy’s Sholay has even influenced monetary policy making, it seems. Asked how the Reserve Bank of India decides between a 25- and 50-basis point rate increase, Governor D Subbarao joked that they toss a coin. Sometimes, it falls on the edge. And when that happens, he says, he asks Finance Minister Pranab Mukherjee!

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 08 2011 | 12:43 AM IST

Explore News