The Media analyst, Financial analyst all have been keenly waiting for today’s RBI policy. The question is will the RBI reduce rates orblog keep them as  Status quo . Well I do not know the answer just sharing the observations there might be a pressure from finance minister to reduce the rates but RBI might not as the inflation is still not in the comfortable zone of RBI.

Well let the various analysts predict the policy, I would prefer sharing some basic definition of money from RBI, Continue reading