I Do What I Do: Raghuram Rajan endorses an idea that is spoken in hushed tones
by T.C.A. Srinivasa Raghavan
Sep 07, 2017
2 minutes
In the early 1930s when the Reserve Bank of India bill was being drafted, the governor of the Bank of England was asked what its relationship with the government should be. He said the RBI should be like a 'Hindoo wife' who gives advice but does not insist that
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