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India becoming more important on G20 stage: Bernanke
U.S. Federal Reserve Chairman Ben Bernanke leans forward to speak with someone before addressing the Economic Club of Indiana in Indianapolis October 1, 2012.
Credit: Reuters/Brent Smith
MUMBAI |
MUMBAI (Reuters) - India is becoming a more important player on the G20 stage, U.S. Federal Reserve Chairman Ben Bernanke said on Wednesday after meeting with Reserve Bank of India Governor Duvvuri Subbarao.
The Fed chief, along with U.S. Treasury Secretary Timothy Geithner, is on a two-day visit to India to participate in the third annual U.S.-India Economic and Financial Partnership Meeting. This is the first time a serving U.S. Fed chief is visiting India.
On Tuesday, Geithner welcomed New Delhi's new-found appetite for economic reform, barely three months after Washington had voiced concern about India's deteriorating investment climate.
(Reporting by Suvashree Dey Choudhury)
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