Dr Rajan's dilemma | Business Standard Editorials

Dr Rajan's dilemma | Business Standard Editorials

My VIEW:

RBI's monetary policy statement at the beginning of the year and the bi-monthly reviews go much beyond 'base rate management'. Still, an impression is being created that RBI is eternally under pressure to cut rates and as if the cut or increase in rates can happen only on the day of the review, which is not the cse.

Stakeholders should learn to give inputs to policy makers which will help in policy formulation.

M G Warrier

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