Q.
Recent move of RBI to reduce CRR will make loans cheaper. However will it push up inflation? Your views?
Asked by Good Citizen,
30 Jan 10:45 am
Earn 10 points for answering
Answers (4)
1.
It would not help eitherway.
If the market is stagnent, the reason is ill earned and black money are locked-up. Unless these are unleashed, liquidity in the market will not improve so this is no going to help much. This they also know, thatz how they hv not touched the FD rates.
Answered by MAdhavan Avadhany, 30 Jan 10:51 am
If the market is stagnent, the reason is ill earned and black money are locked-up. Unless these are unleashed, liquidity in the market will not improve so this is no going to help much. This they also know, thatz how they hv not touched the FD rates.
Report abuse
Useful
(1)
Not Useful
(0)
Your vote on this answer has already been received
2.
"Jabat jeebet sukham jeebet
Rinam krutwa ghritam pibet "
the popular joke in sanskrit is there to criticise the loanee ppl.....
and the Govt. is persuading the common man to raise more loans and purchase cars and waste hard earned money on petrol which is getting dear every day.....really India Shines
Answered by Pradipta pati, 30 Jan 10:49 am
Rinam krutwa ghritam pibet "
the popular joke in sanskrit is there to criticise the loanee ppl.....
and the Govt. is persuading the common man to raise more loans and purchase cars and waste hard earned money on petrol which is getting dear every day.....really India Shines
Report abuse
Useful
(1)
Not Useful
(0)
Your vote on this answer has already been received
3.
Even without reduction in crr then have not been able to control inflation any way
Answered by iqbal seth, 30 Jan 10:50 am
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
4.
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received