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RBI chief draws veil over rift with Modi government

Reuters  |  MUMBAI 

By Suvashree Choudhury and Swati BhatMUMBAI (Reuters) - The Reserve Bank of India chief on Wednesday drew a veil over a public spat with the government, refusing to answer questions on a matter which had raised concerns that the central bank's independence could be undermined. Announcing policymakers' decision to leave the central bank's interest rates unchanged for now, Governor Urjit Patel made clear he would not be drawn on a controversy that first blew up in October."I already said that I would avoid those questions because we're here discussing the monetary policy committee resolution," ...

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First Published: Wed, December 05 2018. 17:10 IST
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