Archive for July 31st, 2012

RBI’s Monetary Policy Q1 2012-13 – Review

July 31, 2012

Here is the review of RBI’s Q1 2012-13 monetary policy.

Pretty much in line with the expectations.

The only surprise was lowering SLR from 24% to 23%. Few reasons for the same given in the review.  In case of more ideas, please feel free to chip in..

 

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How being called a capitalist has become a curse…

July 31, 2012

A superb article by Charles Murray of AEI.

He asks this interesting question. Capitalism has been one of the best things (he calls it the best) to have happened to mankind. Capitalists have been celebrated. Why then being called one is seen as a bad thing?

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How Spain dumped a bad bank on the small investors..

July 31, 2012

The financial crisis moves on from one thing to the other. Here is a super story on how Bankia duped small investors into buying its IPO in 2011.

Bankia was formed via merger of seven regional (troubled) Cajas.

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