Saturday, January 14, 2017

Thanks to Modi, RBI's credibility has gone for a six.

Employees of the Reserve Bank have taken strong exception to the recent measures involving the demonetisation of Rs 500 and Rs 1,000 notes, stating that the government “is impinging on the RBI’s autonomy and its statutory as well as operational jurisdiction. RBI's reputation as an credible organisation has gone for a six, thanks to Modi.

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