Views of
Mr. George Alexander Muthoot MD, Muthoot Finance on Mid-Quarter Monetary Policy
Review: September 2013
“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.
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| Mr. George Alexander Muthoot MD, Muthoot Finance |
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.”
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