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

Turf battle: on independent payments regulator

Turf battle: on independent payments regulator News: The Reserve Bank of India (RBI) has opposed the move to have an independent Payments Regulatory Board (PRB) as envisaged by the draft proposal for amendments to the Payment & Settlement Systems Act, 2007. Important Facts: About the Payments Regulatory Board (PRB) : The Union Government in Budget… Continue reading Turf battle: on independent payments regulator