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Motilal Oswal
January 11, 2019 06:15 AM IST | Finance

Reserve Bank of India accountable to government, says reserves panel chairman

Bimal Jalan, the 77-year-old ex-bureaucrat, was appointed to chair the panel late last month, just weeks after a fierce row over central bank independence led to a change at the top of the RBI.
Having clashed with the government over policy issues for several months, Urjit Patel resigned as governor on Dec. 10, and was swiftly replaced by a former finance ministry official, Shaktikanta Das.
Reserve Bank of India accountable to government, says reserves panel chairman
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