Autonomy for Central Bank, within the Framework of the RBI Act, Is an Essential and Accepted Governance Requirement: Says Government

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....utonomy for Central Bank, within the Framework of the RBI Act, Is an Essential and Accepted Governance Requirement: Says Government <br>News and Press Release<br>Dated:- 31-10-2018<br><BR>The autonomy....

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.... for the Central Bank, within the framework of the RBI Act, is an essential and accepted governance requirement. Governments in India have nurtured and respected this. Both the Government and the Cent....

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....ral Bank, in their functioning, have to be guided by public interest and the requirements of the Indian economy. For the purpose, extensive consultations on several issues take place between the Gover....

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....nment and the RBI from time to time. This is equally true of all other regulators. Government of India has never made public the subject matter of those consultations. Only the final decisions taken a....

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....re communicated. The Government, through these consultations, places its assessment on issues and suggests possible solutions. The Government will continue to do so.<BR> News - Press release - PIB....