Govt-RBI call truce after a marathon board meeting

Govt-RBI call truce after a marathon board meeting News: The government and Reserve Bank of India have found a middle ground on the contentious issues between the two in the board meeting held recently. Important Facts: The Reserve Bank and the government have agreed to refer to an expert committee the following issues: The appropriate… Continue reading Govt-RBI call truce after a marathon board meeting

Challenge to the Reserve Bank of India’s reserves

Challenge to the Reserve Bank of India’s reserves News: The Centre is dwelling upon the burgeoning reserves of RBI which the central bank necessitates as an emergency buffer not meant to be shared. Important Facts: The RBI’s reserves are built through transfers from the annual surpluses in the profit and loss account of RBI. The… Continue reading Challenge to the Reserve Bank of India’s reserves

Always a fine balance

Always a fine balance News: The article discusses about the recent simmering tensions between the Reserve Bank of India and the Centre. Important Facts: A certain amount of creative tension is systemically in-built between Reserve Bank of India and Centre given their different perspectives. For example, Centre’s concern is short-term and political while RBI’s concern… Continue reading Always a fine balance

Tussle for power: what’s the RBI-government stand-off?

Tussle for power: what’s the RBI-government stand-off? News: The article discusses about the simmering tensions between the Reserve Bank of India and the Centre which found spectacular release recently through a public speech by Deputy Governor Viral Acharya. Important Facts: A certain amount of creative tension is systemically in-built between Reserve Bank of India and… Continue reading Tussle for power: what’s the RBI-government stand-off?

How Centre’s ‘board game’ fuelled the feud with RBI

How Centre’s ‘board game’ fuelled the feud with RBI News: The simmering tensions between the Reserve Bank of India and the Centre found spectacular release recently through a public speech by Deputy Governor Viral Acharya. Important Facts: A certain amount of creative tension is systemically in-built between Reserve Bank of India and Centre given their… Continue reading How Centre’s ‘board game’ fuelled the feud with RBI

Time to talk: on Centre-RBI differences

Time to talk: on Centre-RBI differences News: The simmering tensions between the Reserve Bank of India and the Centre found spectacular release recently through a public speech by Deputy Governor  Viral Acharya. Important Facts:  2. A certain amount of creative tension is systemically in-built between Reserve Bank of India and Centre given their different perspectives.… Continue reading Time to talk: on Centre-RBI differences