.......Another official said the RBI governor does not require any induction programme. “Was there any such induction programme when he went to the International Monetary Fund?,” he asked, referring to Rajan’s tenure at the multilateral agency as chief economist. Central bankers said such steps would be interpreted as the ministry’s “we-are- running-the-show” attitude and send a wrong signal to the market about the independence of the central bank.....
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