Cash Reserve Ratio

Finally after 2 years of continuous upward revisions RBI, in its annual monetary policy for 2012-13, slashed the policy interest rates by 50 basis points surprising analysts and markets. They were expecting a rate cut of 25 bps, but RBI…

It’s like – if you are wounded, then tighten the noose slowly and gently, but surely. The noose should not further hurt your wound and yet provide you protection from the outer world. Yes, that’s what RBI seems to be doing rather well –…

Winding the coil and unwind it! – thats what RBI seems to have done better than most other Central banks world over since the start of the global recession. In fact, RBI has gone one step further and announced that it will come out with…