Nov 19 meet: Govt may have its way\, but relations with RBI to stay strained

Nov 19 meet: Govt may have its way, but relations with RBI to stay strained

Given the way the govt-RBI relationship has developed lately, nobody can be certain there will be no new twists or turns before the all-important meeting

A K Bhattacharya 

The ongoing stand-off between the government and the Reserve Bank of India (RBI) does not seem to be heading towards an early resolution.

An apparent truce declared through a finance ministry statement on October 31 has turned out to be short-lived. Instead, all available indications suggest that even though the government may have its say at the forthcoming board meeting of the RBI, the relations between the current top management of the central bank and the leadership team in the finance ministry will continue to remain strained, whose impact on the financial sector will be ...

Note: Subscription will be auto renewed, you may cancel any time in the future without any questions asked.

Total Amount
Rs. 149.00
Requires personal information

What you get?

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all the content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.
  • Requires you to share personal information like date of birth, income, location amongst other fields. This information alongwith your contact information will be shared with the partners associated with this program, who contribute towards subsidizing the offer. By subscribing to this product you acknowledge and accept that our Partners may choose to contact you with offers of their products and services.
  • This is an optional offer - Not comfortable with sharing personal data - please opt for the full price offer which requires you to share minimal information
Read our full coverage on RBI vs Government
First Published: Wed, November 07 2018. 09:11 IST