January 28, 2025
Spread the love Sidh Kavedia Katelyn Patta Samay Gupta Aditi Inamdar Siddharth Chandak
Policy and Media
Columnists like me are offering advice to the new governor of the Reserve Bank of India (RBI) on the important questions that he faces. However, a remarkable feature of the present situation is that, for the governor to succeed, the onus is on the Government of India (GoI).
Most central banks (CB) are narrowly focused on monetary policy. The RBI has a sprawling mandate. The trouble is these roles contain many inherent conflicts. The bulk of the RBI’s difficulties arise from these conflicts. What are these roles?
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