India’s central bank must work fast to salvage reputation

Governor Urjit Patel’s job is to protect the RBI’s reputation, not the government’s. He’d be wise to start acting like it.Even Market volatility is all about confidence in central bank and Indian currency, bonds and equity markets have shown resilence and low volatility simply because of confidence in central bank and its previous governor . its high time Dr Patel gives that confidence to markets.

 

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