Shaktikanta Das

Shaktikanta Das’s 1st board meet as RBI chief to pose new worries about autonomy

Prime Minister Narendra Modi has a new ally at the Reserve Bank of India in Governor Shaktikanta Das, who may be more amenable to the government’s requests to ease lending restrictions on state-run banks and hand over more of its capital to the state

The central bank board will meet on Friday with much of the hostility of the past two months with the government having eased, and new worries emerging about the institution’s independence.

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