[op-ed snap] Legislating payments out of RBI’s excess capital could compromise its independence

Note4students Mains Paper 3: Economic Development | Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. From UPSC perspective, the following things are important: Prelims level: Basic knowledge of RBI’s equity holding capacity. Mains level: The news-card analyses the issue that how much equity the Reserve Bank of India (RBI) … Continue reading [op-ed snap] Legislating payments out of RBI’s excess capital could compromise its independence