Daily Archives: October 15, 2008

Market Matrix – Some evidence of bear cartel at work

Friends, The RBI has further reduced by 100 bps the CRR on top of earlier cut and this will release Rs 40000 crs in hands of banks. This will be not only making some extra buck for banks, it will spur economic activity to some extent. Not stopping here, the RBI has also allowed higherContinue reading “Market Matrix – Some evidence of bear cartel at work”