....A tough stance by RBI on the rate front can be justified on a number of counts: suppressed inflation in view of the possible decontrol of diesel prices, the need to anchor real rates in view of the high inflation numbers so that depositors are not discouraged to save, depreciation of the rupee which amounts to monetary easing, and lack of resolve on part of the Government in reducing subsidies on fuel and fertiliser.........
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