Tuesday, July 17, 2012

‘RBI serves the nation, not the Govt’


The Reserve Bank of India’s Governor has a responsibility to speak up. As a public servant, he owes his loyalty to the country and the Constitution — and not just to a government in transit, the Governor, Dr D. Subbarao, said. He was quoting the late I.G. Patel, a former RBI Governor, while speaking at the launch of a collection of the latter’s essays — Of Economics, Politics and Development...............

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