The case for baby RBIs

Despite its admirable competence and proven track record, the Reserve Bank of India doesn't have the capacity to supervise an economy that's growing so fast and becoming larger by the year

T C A Srinivasa-Raghavan |Business Standard

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4 min read Last Updated : Jan 27 2023 | 10:56 PM IST

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Here’s a heretical thought: Should India have regional monetary institutions? The answer depends on which central banking model you want to follow: A centralised one like what we have and which is a c

First Published: Jan 27 2023 | 10:56 PM IST

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The case for baby RBIs

Despite its admirable competence and proven track record, the Reserve Bank of India doesn't have the capacity to supervise an economy that's growing so fast and becoming larger by the year

Listen to This Article

Also Read

India's forex reserves down again; fall $1.1 billion to $529.99 billion

UCO Bank becomes first lender to get RBI's approval for rupee trade

RBI's gold reserves rise further, up nearly 25 tonnes so far this year

Rupees, bonds gain despite 75 bps US Fed rate hike to tackle inflation

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The case for baby RBIs

Despite its admirable competence and proven track record, the Reserve Bank of India doesn't have the capacity to supervise an economy that's growing so fast and becoming larger by the year

Listen to This Article

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Also Read

India's forex reserves down again; fall $1.1 billion to $529.99 billion

UCO Bank becomes first lender to get RBI's approval for rupee trade

RBI's gold reserves rise further, up nearly 25 tonnes so far this year

Rupees, bonds gain despite 75 bps US Fed rate hike to tackle inflation

Markets are now pricing in 50bps US Fed rate cut in 2023: Chris Wood

Public servants have started eyeing ministerial posts after retirement

Just because institutions have power to do something, should they do it?

David Crosby: Harmony plus rhythm in A Major

General elections 2024: The BJP chief has his task cut out for him

The information asymmetry in aggregator biz makes regulation necessary

The Last of Us: How real is the threat?

Hindenburg's hydrogen connection

Hindenburg flames again: Can Adani repeat what Dhirubhai did in the 80s?

Tech layoffs: It's business, not personal

An illusion that divides