RBI’s TAC Committee — Split Wide Open…

RBI released the minutes of its TAC (informal MPC) y’day. Subba would be more confused after the meeting and perhaps would have thought it would have been better if I had not attended the same.

Earlier the  views differed on how much to hike/lower rates. Now it is all over the place.  No one is sure of what is to be really done.

Tracking TAC minutes released since Feb-11, one is likely to see how economic situation has changed in India in the last 2 years. The TAC members  themselves have been caught off-guard over what has happened in Indian economy..

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: