Wednesday, August 27, 2014

Tug of War On at RBI

Governor Raghuram Rajan may have prevailed over the staff union on RBI restructuring, but there's still some heartburn in the organisation. The officers' union is disturbed by his assertion that he has the legal power to appoint executives.This came after he told another union he will consider their objections. Is it just the unease of staff over something new happening after decades, or are the complaints genuine? Watch this space.

ET

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