RBI's Messy Monetary Policy

Reserve Bank of India on 20 September 2013 announced its monetary policy review, listing out various measures and reasons behind them.

But RBI seems to be in a lot of confusion. In the last two years, the monetary policy has been completely botched, to say the least. I was writing my thoughts on the RBI's latest policy announcements. But in between, I've come across this brilliant piece.

Dr Ajay Shah has written a fabulous article on the RBI's wavering messy policies:

Please read the same at:

http://ajayshahblog.blogspot.in/2013/09/rbi-statement-failed-to-reduce.html

I share similar views as expressed by Dr Ajay Shah.

------------------------------------------------------------------------------------------------------------------------------

Disclaimer: The author is an investment analyst, equity investor and freelance writer. These are his personal views. He blogs at:

http://ramakrishnavadlamudi.blogspot.in/

http://www.scribd.com/vrk100

Connect with him on twitter @vrk100