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RBI is like a seat belt, without it you can get into an accident, says Raghuram Rajan

Updated : November 07, 2018 06:50 AM IST

Raghuram Rajan said the central banks need to examine the liquidity problem of NBFCs much closer and solve the issue by putting liquidity in the market.
The former governor said India is in a much better situation in terms of inflation and the government and the RBI should be duly credited for keeping the inflation low.
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