Port Louis: The Reserve Bank of India (RBI) needs greater independence before it can adopt a monetary policy committee structure, Governor Duvvuri Subbarao said on Monday. The RBI is one of the few major central banks where monetary policy decisions rest in the hands of the governor, as opposed to a committee. While the RBI is not statutorily independent, in practice it has wide latitude in setting monetary policy...........
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment