The most important topic analysed in our Editorial section last week was the RBI’s MPC meeting on Wednesday (October1). The Editorial welcomed the MPC’s decision to keep the rates unchanged. Though inflation is falling and growth seems resilient, a pause on the policy rate front is prudent given the uncertain global scenario. In another Editorial the MPC’s move to spur credit growth by increasing limits on loans against securities was deemed risky. At a time when markets are on the correction course and SEBI is trying to curb speculation activity, our Editorial was critical of the RBI’s decision. The boom in the IPO segment was commented upon in another Editorial. The investors seem more bullish than promoters and the Editorial argued that this IPO frenzy is having a knock on effect on the secondary market, which is floundering
Think. Over the week
