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Q.

Recent move of RBI to reduce CRR will make loans cheaper. However will it push up inflation? Your views?

Tags: money, rbi, crr
Asked by Good Citizen, 30 Jan '13 10:45 am
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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 '13 10:51 am

 
  
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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 '13 10:49 am

 
  
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3.

Even without reduction in crr then have not been able to control inflation any way
Answered by iqbal seth, 30 Jan '13 10:50 am

 
  
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4.

Well, where are the takers first ?
Answered by Smriti, 30 Jan '13 10:49 am

 
  
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