Posted on June 19, 2012

RBI Overly Cautious

The RBI has proved to be party spoiler once again. They have left all ratios unchanged in their latest review on 18th June 2012. This  would be unnerving the govt as Pranab Da had just been saying that the rates hopefully brought down.   The markets tanked and Nifty closed at 5064 losing 74 points … Continue reading