Monday, 16 December 2013

A Comment on CRR and Repo rates revision by RBI

My Comment on an article titled "Raghuram Rajan meets P.Chidambaram ahead of monetary policy review" published in Economic Times dated 16/12/2013 at 4:10 pm.  


"I think it is better to increase both CRR and repo rates by 50bps each this month itself to bring down available funds in market to lowest levels so that demand can decrease as against supply of goods. This can bring down the prices to some what extent."

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