Business Powers of RBI board upon use of section 7 have to be made clearer, says Montek Singh Ahluwalia Updated : November 21, 2018 06:22 AM IST Raiding the RBI reserves is not a credible way for the government to reduce the fiscal deficit, Ahluwalia said. Historically, there has always been some tension between RBI and finance ministry, he said. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.