Mid-Quarter Monetary Policy Review: September 2013 - Mr. George Alexander Muthoot, MD - Muthoot Finance

"The legacy stand of containing inflation continues with the RBI. This is quite contrary to what was the broader expectation from the new RBI Governor. The broader disappointment seems uncalled for as the rise in policy rates is in line with the other emerging nation economies. Considering the RBI is now rightly worried about the Consumer Price Inflation (CPI) than Wholesale Price Index (WPI), which has always been higher, there seems very little room for complacency, even if it comes at the cost of putting a dent to growth in the short term."

Source : Equity Bulls

Keywords