Archive for July 30th, 2013

Impossible trinity’s love affair with RBI…

July 30, 2013

RBI’s Q1 2013-14 monetary policy was pretty much on expected lines. The rates were kept unchanged and there was hardly any surprise. Much of the policy decisions were taken earlier. Only change was RBI lowering its GDP growth projection from 5.7% to 5.5%.

However, the forward guidance was really interesting:

(more…)

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