For the first time in history, the government invoked the never used Section 7 of the Reserve Bank of India Act, which empowers it to consult the governor and instruct the central bank on certain issues.
from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/2SRV3dp
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Tuesday, November 6, 2018
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Banking-Banking/Finance-Industry-Economic Times
Hold RBI to account but not at the cost of autonomy
Hold RBI to account but not at the cost of autonomy
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