You are not currently logged in.
Access JSTOR through your library or other institution:
If You Use a Screen ReaderThis content is available through Read Online (Free) program, which relies on page scans. Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Interest Rates Refuse to Behave
Economic and Political Weekly
Vol. 31, No. 39 (Sep. 28, 1996), pp. 2659-2665
Published by: Economic and Political Weekly
Stable URL: http://www.jstor.org/stable/4404616
Page Count: 7
You can always find the topics here!Topics: Bank loans, Bond markets, Bond issues, Interest rates, Bank markets, Securities markets, Interest, Coupon rates, Secondary markets, Banking industry
Were these topics helpful?See somethings inaccurate? Let us know!
Select the topics that are inaccurate.
Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Preview not available
The RBI's efforts, including the pumping in of a large amount of liquidity through the foreign exchange market and release of banks' cash reserves, to bring down interest rates are proving ineffective, with damaging consequences for both the real and the financial sectors of the economy.
Economic and Political Weekly © 1996 Economic and Political Weekly