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Govt fully respects RBI's autonomy, says Finance Ministry

RBI officials had sent a letter to Urjit Patel that said 'Central bank was dented beyond repair'

BS Web Team  |  New Delhi 

The Finance Ministry issued a statement on Saturday, saying that it respects the autonomy and independence of the Reserve Bank of India, while refuting a charge made by RBI officials that the the central bank's image was dented post demonetisation The statement said, "There has been a report in sections of the Press that some unions have alleged infringement of the autonomy of the Reserve Bank of India. It is categorically stated that the Government fully respects the independence and autonomy of the Reserve Bank of India." The statement added: "Consultations ...

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