Money Markets

Money Markets
If the recovery in the economic tempo has to be sustained and stepped up, the ensuing central budget must bring about a significant improvement in development expenditure as well as capital...
Despite the unfavourable fiscal environment, the Reserve Bank has been able, through a combination of measures, to bring down interest rates to realistic and relatively stable levels.
The Reserve Bank has taken a series of measures to deepen the money and government securities markets and to facilitate equilibriating demand for and supply of short-term funds at fine rates of...
GDP is expected to grow by 6 per cent in 1999-2000, the same as last year, but a major qualitative change expected this year is the possible recovery in the manufacturing sector after three years of...
There was a significant deceleration in monetary growth in 1998-99 if the accruals from the Resurgent India Bonds are excluded. The slowing down was particularly sharp in deposit money growth,...
The most disappointing aspect of the credit policy statement for 1999-2000 is the Reserve Bank's failure to break with the crude monetarist approach of the past and bring to bear newer perspectives...
In a fragile, structurally deficient environment, decisive steps taken to modulate market expectations alone can restore a semblance of discipline and stability in the financial sector.

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