Thursday, August 22, 2013

Subbarao’s RBI Report Card

India’s out-going Reserve Bank of India Gov. Duvvuri Subbarao earned plaudits for keeping inflation in check and asserting the central bank’s independence from the government. But the sharp slide in the value of the rupee on his watch could cast a shadow on his legacy. Mr. Subbarao has had a tough five years at the helm of the central bank...........

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