Aboutme.SubinEconomics-Indian Reserve Bank Governor is Waste Of Time
Aboutme.SubinEconomics-Indian Reserve Bank Governor Is Utter Waste of Time. This February everyone is expecting a rate cut to bring sectors like real estate, minerals and even housing to get back growth. This time he wasted time that the inflation has not reached 4%. Then he added that international food prices,crude and other factors are against to rate cut. But i want to ask 1 question, If Federal Reserve increased the interest rate, how will Indian RBI Governor cut the rate. If he does, whole Foreign investments will be flying off. He missed the Golden Chance this time just by cutting an Bank Rate by .25 points, But alas he was giving us the statitics. Actually Dr. Rajan was the good RBI Governor India had???? Aboutme.SubinEconomics- Indian Reserve Bank...