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

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