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RBI has shocked itself: Surjit Bhalla

PUBLISHED ON: June 19, 2012 | Duration: 17 min, 51 sec

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Expert Surjit Bhalla says the RBI has shocked itself by not changing policy rate in its recent policy review, saying that it becomes difficult to analyze the central bank if it keeps shifting the goal post. Madan Sabnavis, chief economist, CARE Ratings, says the scenario has been changing rapidly and the RBI has only been following the trend.
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