It’s the economy, stupid! RBI loves taking bold moves
RBI stayed put on rates but cut CRR to ease liquidity, because they are still unbothered about slowing growth. But why?
RBI stayed put on rates but cut CRR to ease liquidity, because they are still unbothered about slowing growth. But why?
If inflation rises, the RBI hikes interest rates. If it goes down, the RBI does nothing. Why? For that, you need to know the RBI’s real job.