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Letter to BS: Govt has no right to interfere in the affairs of the RBI

The RBI should never be used as a "pawn" in the political chessboard

Topics
Rbi  |  Liquidity Crunch  |  Rbi Vs Government

Business Standard 



RBI

The (RBI) has always been looked upon as an autonomous body; under its umbrella come all the commercial banks, be they public sector undertakings or private banks or foreign banks. It is an independent body that decides on crucial decisions affecting bank rates, repo rates et al and also monitors, on a regular basis, the functioning of all banks.

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First Published: Thu, November 01 2018. 20:55 IST

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