Monday, July 22, 2013

Eleventh hour pinch-hitting

............A significant fall-out of the RBI action in the past week is that the benchmark 10-year bond yield has risen. This is bound to seriously erode the efforts of the RBI to drain liquidity from the system. What does this portend? What will the apex bank do when it meets on July 30 for its monetary policy review?................

No comments: