RBI's Subbarao Jokes CRR Committee Has Been Set Up

Sept. 4 (Bloomberg) -- Reserve Bank of India Governor Duvvuri Subbarao jokes during a speech at a banking conference in Mumbai that a committee has been established to judge if the cash reserve ratio can be scrapped. (Excerpt. Source: Bloomberg TV India)
EU Creditors Won't Wave Wand on Greek Debt: Brown
21:48 - There is unlikely to be any quick action by European Union creditors to make a deal on Greek debt after the July 5 referendum and "I don't expect any wand to be waved anywhere in the next few months," said Brendan Brown, executive director of Mitsubishi UFJ Securities. He spoke in an interview with Anna Edwards on Bloomberg Television's "Countdown" which also covered the outlook for Chinese markets. (Source: Bloomberg)
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