Watson Institute for International and Public Affairs

Reserve Bank of India credibility dented

December 21, 2016 The Indian Express

Ashutosh Varshney Tuesday criticised the Union government for Monday’s proclamation to not permit more than a one-time deposit of over Rs 5,000 up to December 31. "I find it hard to believe that the RBI would issue 59 proclamations in 50 days. That is not how central banks function. This destroys the legitimacy of RBI."

Reserve Bank of India credibility dented (comments by Ashutosh Varshney) – The Indian Express