Opinion | The ball was always in the government’s court3 min read 01 Nov 2018, 09:54 PM IST
Undermining the ability of the RBI to take decisions will affect market confidence and end up complicating the policy environment
Amid speculation that Reserve Bank of India (RBI) governor Urjit Patel might quit, the government did well on Wednesday to issue a statement, highlighting that the autonomy of the central bank is essential. This should help defuse tension, at least for now.
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