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Waiving off farmer loans could lead to fiscal slippages, warns RBI chief

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As farmers protest, RBI warns state governments against loan waiversThe Reserve Bank on Wednesday warned of fiscal situation getting out of hand if states unabatedly continue to waive farm loans saying it also risk spurring inflation.RBI Governor Urjit Patel said unless that state governments' budgets allow that fiscal space to go in for a loan waiver, it would be risky to tread on that path.----------------------------------------------------------------------------------------------☛ Download ETV Android App: https://goo.gl/aub2D9For Latest Updates on ETV Channels !!☛ Visit our Official Website: http://www.etv.co.in☛ Subscribe for Latest News - https://goo.gl/tEHPs7☛ Like us : https://www.facebook.com/ETVTelangana☛ Follow us : https://twitter.com/etvtelanganaa☛ Circle us : https://goo.gl/2UCQkm-----------------------------------------------------------------------------------------------

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