There are no risk-free returns says RBI's Jalan

INDIA - It's never easy being the governor of a central bank, but for Bimal Jalan, the 61-year-old governor of RBI, the challenges just keep multiplying, reports The Times of India on Friday.

Despite a low and stable rate of inflation and the lowest interest rates in the last 40 years, industrial growth isn't picking up.

The virtues of the low-interest economy that the governor and the finance minister have been espousing, are not filtering into the rest of the economy because banks are too sca