The dense drama has laid open RBIs dilemma and the confusion of the bond brigade. The protagonists are an affable governor who wants to tame inflation without hiking interest rates, particularly amid festivities, his articulate, pony-tailed deputy, Michael Patra, who has to justify RBIs actions, words, and silence, and bankers who lend and borrow to manage liquidity while taking cues from the market, rivals and RBI to price loans and deposits.
Exclusive for Subscribers from Monday to Friday: Have you ever thought why Afghanistan embassy and Vienna Convention are relevant to the UPSC Exam? What significance do topics like “intermittency” in Renewable Energy, 10,000 Avestagenome Project and 359th Report on the Functioning of Archaeological Survey of India have for both the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for October 2, 2023.
Exclusive for Subscribers from Monday to Friday: Have you ever thought about how Libya and its eastern city of Derna or India’s retail inflation are relevant to the UPSC Exam? What significance do topics like Sedition laws in India, Hindu rate of growth, Tripling renewable capacity by 2030 and Outward Direct Investment have for both the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for September 13, 2023.
Exclusive for Subscribers from Monday to Friday: Have you ever thought about how liquidity in the banking system or Madras day are relevant to the UPSC Exam? What significance do topics like Centre for Monitoring Indian Economy, Labour Force Participation Rate and Descent phase of Chandrayan-3 have for both the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for August 23, 2023.