Speaking to NDTV Profit’s Ira Duggal at the World Economic Forum in Davos, Chaudhuri said that the policy rates or OMOs do not have a lasting impact on the interest rate environment; however it is important that they come down. "

Asian markets dipped on Monday as traders were concerned about a weaker than expected US fourth quarter economic data.

Yunus said that money is now the king, becoming an "intoxication in the system".