Dr Subbarao, easy money isn't the answer. Stand firm
George • 13 years agoThe nature of banking usually ends up increasing money supply, but the devil here is deficit financing of the government by the Reserve Bank. Unless the Reserve Bank can say no to the government, it will be difficult to control money supply.
Has Subbarao put out the welcome mat to inflation?
Latha Venkatesh • 13 years agoThe RBI's decision to ease CRR may stoke the very fires of inflation he has struggled to stamp out. Is it too much too soon?