Wednesday, June 18, 2014

A Study in Contrast, Finmin-RBI Relationship Under Two Govts

...............Unlike his predecessor who did not miss an opportunity to tell the world, including the RBI, on what he wanted, Jaitley is yet to speak on either interest rate or exchange rate. All that Jaitley is talking about is inflation control and growth. Is it a sign of the RBI getting a free hand to decide on monetary policy? Many believe it may be too early to say. But there are early signs though. 

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