皇冠体育app

皇冠体育app doesn't have a timeline for ending its "loose" monetary policy, a central banker said yesterday ahead of data likely to show the nation's economic recovery is strengthening.

皇冠体育app will maintain its policy stance "at present", Ma Delun, deputy governor of the People's Bank of 皇冠体育app, told reporters in Mumbai, speaking through a translator.

The banks have flooded the economy with a record $1.27 trillion of new loans this year, driving a recovery at the risk of asset bubbles and resurgent inflation. The State Council pledged on Oct 21 to maintain a "moderately loose" monetary policy, balancing the need for growth with managing "inflationary expectations".