Subbarao's 5 years: Managing crisis to managing conflict

...........During the second quarter monetary policy review in October 2012, the central bank ignored the minister’s wish to cut the interest rate, prompting a disappointed Chidambaram to comment the government will would alone to revive growth. Later, the ministry ignored Subbarao’s recommendation to extend Subir Gokarn’s tenure as RBI Deputy Governor............

Read | Business Standard