EPW Research Foundation Just when there was need for rates of interest on government debt and commercial sector borrowing to be moderated, there is taking place a stiffening of rates. Reflecting the...
Money Market Review
EPW Research Foundation Pangs of Readjustment The rather painful readjustment of the money market, from a situation of externally-injected excess liquidity to one of liquidity shortage, has been...
EPW Research Foundation The monetary authorities anxiety about inflation has led to the current liquidity strain in the money market. (1) GROWING LIQUIDITY STRAIN JANUARY began with the legacy of an...
EPW Research Foundation RBI's About-Turn December 1994 ended with the central bank injecting Rs 2,000-2,500 crore into the market to quell the money market's riotous behaviour in an about-turn from...
EPW Research Foundation The Reserve Bank's narrow monetarist approach to using open market operations to mop up liquidity will aggravate the government's revenue deficit and raise interest costs for...
EPW Research Foundation Landmark for Bonds Market The Reserve Bank
EPW Research Foundation Travails of a Market in a Hurry A The Policy Perspective AN avowed objective of the Reserve Bank of India (RBI) almost since the second half of the 1980s has been to dilute...
