Autonomy for Central Bank, within the Framework of the RBI Act, Is an Essential and Accepted Governance Requirement: Says Government

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..... Autonomy for Central Bank, within the Framework of the RBI Act, Is an Essential and Accepted Governance Requirement: Says Government
News and Press Release
Dated:- 31-10-2018

The autonom .....

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..... y for the Central Bank, within the framework of the RBI Act, is an essential and accepted governance requirement. Governments in India have nurtured and respected this. Both the Government and the Cen .....

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..... tral Bank, in their functioning, have to be guided by public interest and the requirements of the Indian economy. For the purpose, extensive consultations on several issues take place between the Gove .....

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..... rnment and the RBI from time to time. This is equally true of all other regulators. Government of India has never made public the subject matter of those consultations. Only the final decisions taken .....

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..... are communicated. The Government, through these consultations, places its assessment on issues and suggests possible solutions. The Government will continue to do so.
News - Press release - PIB .....

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