Is govt interference eroding credibility of RBI?
Recently, RBI Board agreed to give a whooping sum of 1.76 lakh crore of its dividends to the government under revised Economic Capital Framework agreement. Economic Capital Framework is the capital assessed by the RBI to counter any future risks and contingencies associated with its operations and objectives. ECF as bone of contention between RBI […]
Is govt interference eroding credibility of RBI? Read More »