Asserting that India is well located to climate monetary crisis, RBI Governor Raghuram Rajan on Sunday said the central banks of urbanized nations must also keep in brain budding nations while framing monetary policies.
"I don't think we can proceed to the fore proverb one and all is in their own boat and they descend or swim alone," he said in position to the need for sophisticated nations, like the US, to take heed of countries susceptible to the incentive withdrawal.