Sunday, November 11, 2018

RBI vs govt: The 18 wise men tasked with supervision of the Mint Street

Going by the public utterances of the RBI and government officials so far, the contentious issues are how to manage the huge surplus the RBI has accumulated, how should it deal with errant lenders and borrowers amid a persisting bad loan crisis and what could be the 'public interest' for the government to dictate directions so that it is not seen as an attack on the central bank's autonomy.

from Times of India https://ift.tt/2DfNDv6
Going by the public utterances of the RBI and government officials so far, the contentious issues are how to manage the huge surplus the RBI has accumulated, how should it deal with errant lenders and borrowers amid a persisting bad loan crisis and what could be the 'public interest' for the government to dictate directions so that it is not seen as an attack on the central bank's autonomy. https://ift.tt/eA8V8J November 11, 2018 at 01:59PM https://ift.tt/2hJjhqE

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