Monday, February 2, 2015

Why RBI may like not to change rates...

1. With the Indian growth rate now redrawn at about 6.9 % , through statistical adventurism or otherwise, India seems to be doing quite well based on the released statistics. If growth is at that exhilarating level, why bother?
2. The RBI Monetary Policy Division, at least it appears,  has been a great fan of the Bundesbank reasserting its authority and detachment from the Government. It can only be a late starter.
3. Suddenly, the oil prices seem to shoot up, which may have concerns for Indian inflation in the future.





Views Expressed without any risk or responsibility.

No comments:

Post a Comment