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Subir Gokarn, a fierce proponent of RBI autonomy, is no more
Gokarn was the first Indian central banker who regularised warnings to the government, through the monetary policy statement, on the need to reduce fiscal deficit. Former Reserve Bank of India......
When RBI governors fought for the bank's autonomy
Tension between the government, specially the finance ministry, and RBI is as old as the central bank itself Photograph: Danish Siddiqui/Reuters Deputy Governor Viral Acharya’s......
Bad data led to bad decisions: Subbarao
RBI often wrong-footed due to questionable data, says former governor The Reserve Bank of India’s monetary policy decisions often go astray because of erroneous data provided by the......
Chidambaram, Pranab put pressure over interest rates: Subbarao
In his book, former governor Subbarao says Chidambaram, Pranab were piqued by his tight rate policy; refused extension to two deputies. IMAGE: Raghuram Rajan (L), with Duvvuri Subbarao.......
Govt not averse to giving Rajan a second term
There is also a lobby within the bureaucracy that wants to see Rajan’s influence curtailed The government is not averse to giving Reserve Bank of India governor Raghuram Rajan a second term......
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