RBI vs Govt: The 18 wise men tasked with supervision of the Mint Street
As an unprecedented fight plays out between the RBI and the government, it is the central bank’s 18 board members who are being keenly watched for their next course of action — they are not only central bankers and government officials but also business leaders, economists and activists.The RBI board is scheduled to meet next on November 19 amid an ongoing tussle with the government on multiple fronts.Going by the public utterances of the RBI and government officials so far, the contentious issues are how to manage the huge surplus…
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