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Govt to press RBI at Nov 19 meet to ease lending, transfer surplus reserves

RBI Governor Urjit Patel will be a key focus of the pressure from a group of directors who support the government's position, according to the New Delhi-based sources

Topics
Rbi  |  Rbi Governor  |  Urjit Patel

Reuters  |  New Delhi / Mumbai 



Reserve Bank of India | File Photo
Reserve Bank of India | File Photo

The Indian government intends to keep pressing demands for the country's central bank to relax lending curbs and hand over surplus reserves even if it risks provoking a resignation by the bank's governor, three sources familiar with the government's thinking told Reuters.

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First Published: Tue, November 06 2018. 17:47 IST

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