But that is a complaint against any formal statement couched in semi-legal language. I do believe, however, that we can all do a much better job of writing circulars in plain English shorn of tedious jargon. 5/9  The other major mode of dissemination of RBI policy as well as its views on the economy is its Reports.
Over the years these Reports have turned out to be more analytical, transparent and forward looking in their outlook. The two statutory reports of the Bank, the Annual Report and the Report on Trend and Progress of Banking in India have evoked immense interest among the public, market participants as well as in academia.