The Reserve Bank of India, criticised for its failure to stop demonetisation, is slowly standing up to political and corporate pressures to lay new laws on banking and protect its turf as a regulator.
Mumbai, Dec 31 () When the Narendra Modi government, stumped by the sudden resignation of Urjit Patel, parachuted retired bureaucrat Shaktikanta Das to RBI in December 2018, many expected a great lull ...
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