RBI, not MPC, is dictating the stance. And it#39;s not doing it well.

The RBI is responsible for modulating liquidity in line with the monetary policy stance adopted by the MPC. But what happened on February 8 is a further proof that it is the central bank that is dictating what the stance should be

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​ The RBI is responsible for modulating liquidity in line with the monetary policy stance adopted by the MPC. But what happened on February 8 is a further proof that it is the central bank that is dictating what the stance should be The RBI is responsible for modulating liquidity in line with the monetary policy stance adopted by the MPC. But what happened on February 8 is a further proof that it is the central bank that is dictating what the stance should be  Moneycontrol Latest News Read More  

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