CRR

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…

RBI Hikes Key Policy Rates Like Air India pilots, even equity shares seem to have gone on strike against RBI’s move to hike key policy rates by 50 bps today. Benchmark BSE Sensex corrected a whopping 463 points indicating its disliking…

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 –…