WAIT FOR RBI DEPUTY GUV URJIT PATEL’S VIEW GETS LONGER

The wait to hear the views of RBI’s newest Deputy Governor Urjit Patel is getting longer. The curiosity is more given that he was quite critical of the central bank’s way of handling inflation. It is a given that the institutional discipline will lead him to support the governor’s view, at least in public. In fact, the governor offered Patel a chance to speak to the media, but was politely declined. Will Patel change the way the RBI thinks, or will move to the way RBI thinks?

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