What an irony? No one … not even
the RBI knows when the inflation will come down. On one hand RBI has reduced the CRR by 25 bps which, for sure, will release
around Rs 18,000 crores in the coming months and then you can’t say RBI has no clue
about when inflation will come down.
The businessman, media and the
stock markets will keep pressurizing and cling to demanding lower interest rates from the RBI. But it’s the
RBI governor’s