%A Ranjit K Pattnaik,Jagdish Rattanani
%T RBI action and the limits thereof 
%! RBI action and the limits thereof 
%X There is no one to lend to, since economic activity is down, and so the funds end up in the vaults of the RBI to earn some interest. But of course, this is precisely what the RBI doesn’t want. It wants the funds to pour into economic activity, but that is clearly not happening. 
%U https://www.thebillionpress.org/columns/economy/rbi-action-and-limits-thereof-906