Reserve Bank of India stands its ground

The RBI and Modi government call a truce, although Delhi may not be too pleased with specific outcomes of a board meeting that lasted nine hours

November 22, 2018 3:57 PM (UTC+8)
Reserve Bank of India Governor Urjit Patel arrives for a news conference at the bank's head office in Mumbai on June 6, 2018. He met with the PM this week prior to Monday's long board meeting. Photo: AFP
Reserve Bank of India Governor Urjit Patel arrives for a news conference at the bank's head office in Mumbai on June 6, 2018. He met with the PM this week prior to Monday's long board meeting. Photo: AFP
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