Posted inIndiaSouth Asia

Former Reserve Bank of India chief stresses its need for autonomy

With the Indian government and the central bank on a collision course, former Reserve Bank of India governor Raghuram Ranjan has stressed the need to protect the central bank’s autonomy. He compared the RBI to a “seatbelt,” remarking that accidents can happen without them. He also felt that unhealthy disagreements between the government and the […]