Managing growth and inflation is a challenge, says Former ED of RBI

Great Lakes Dean Bala V Balachandran talks about a ‘brutal’ world of competition, learning and more There are some who dream of retirement even as they are working — chilling at home, having coffee (or something stronger, if you prefer) while leisurely watching TV or reading seems like a dream many youngsters yearn for. But not Bala V Balachandran.“Managing growth and inflation has been the biggest challenge to the central banks of all the emerging markets; not to forget the over-valuation and under-valuation of currency adding to the task,” said G. Mahalingam while outlining the effects of global financial crisis after 2009.