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IMF says monitoring situation in India, bats for RBI's independence

There were reports of mounting tension between the Ministry of Finance and the RBI over the autonomy of monetary policy makers after Finance Minister Arun Jaitley criticised the central bank for failing to check indiscriminate lending during 2008 and 2014.

from Hindustan Times - topnews https://ift.tt/2OjO7lR
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