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NPAs, Monetary Policy and Transmission and its Fiscal Implications
By: Arjun Tandon, Christ university, Bangalore The Reserve Bank of India is scrutinised for many things, but mainly for poor monetary transmission. The policy rates, when changed, do not affect lending or deposit…
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High retail and wholesale inflation: Reasons and Possible actions by the policymakers
The news about high retail and wholesale inflation is hitting the headlines of every newspaper for various reasons. The obvious one is that it has a high impact on the cost of living.…