The stage was set by the government over the weekend with big ticket announcements - the diesel hike, the FDI opening up, the PSU divestment. All that was required, we are led to believe, to get the party rocking was the RBI " do its bit" to get the crowd on its feet and on to the dance floor. The " do its bit" concerned the one thing that corporate India has consistently asked the RBI to do - cut interest rates. That is the story that marked the weekend, built the expectations and raised the pressure on the RBI as it went into the mid- quarter monetary policy review on Monday. Fortunately, the RBI has not succumbed entirely........
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment