Tuesday, 20 November 2018

Board meet marks shift in balance of power between RBI and government

It appears, at least on the evidence of the meeting, that the central bank will henceforth need to be more empathetic to the concerns and suggestions of the board. The external directors seemed poised to exercise overt influence over the regulatory decisions of the governor and his deputies.

from Times of India https://ift.tt/2OV6zBl
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