posted by Sreekant in Banking, Borrowings, Economy, Investments, Sreekant's scribbles on 21/12/2011
I had originally posted this topic earlier on 24-8-2010. Click here to read the same. But since then, a lot of water has flowed and there is a perceptible change in Indian economic landscape and hence the interest rate outlook. RBI in its mid quarter review on 16-12-2011 has left the key monetary parameters unchanged [...]
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posted by Sreekant in Banking, Blogs, Borrowings, Economy, Opinion, Sreekant's scribbles on 01/11/2011
The Reserve Bank of India (RBI) in its quarterly monetary policy review on 25th October 2011 made a radical change to the interest rate structure in the country. The interest rate on the humble savings bank (SB) account was deregulated fully, much to the surprise and against the wishes of the banks. This rate was [...]
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posted by Sreekant in Alert, Economy, Sreekant's scribbles on 23/08/2011
Recent media reports that a section of farmers in Andhra Pradesh have declared a crop holiday is distressing. And they are trying to persuade their counterparts from the neighboring states to join them. The apparent reason for this extreme step is lack of profits from their farming activity. They in fact seem to be making [...]
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posted by sundar in Economy, Sundar's script on 16/08/2011
Warren Buffett was asked to identify one economic indicator that he would consider most relevant for evaluating overall economic conditions if he was stranded on a desert island for a month and had no other access to information. He immediately mentioned rail car loadings as a top candidate for this “desert island indicator”…. We don’t [...]
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