Moneycontrol
Last Updated : Mar 21, 2011 09:44 AM IST | Source: CNBC-TV18

Is Mohanty panel proposal of one policy rate feasible?

The Deepak Mohanty Committee has made some marginal and some sweeping suggestions to the way the Reserve Bank operates in the market. Anjan Barua the chairman and managing director of the State Bank of India and Srinivasan Varadarajan executive director of Axis Bank analyse the report.

The Deepak Mohanty Committee has made some marginal and some sweeping suggestions to the way the Reserve Bank operates in the market. It has suggested that only the repo rate should be the signalling rate and that the monetary system should almost always operate in a deficit. The other big suggestion made is that the government

First Published on Mar 19, 2011 01:53 pm
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