RBI, Govt signal truce after 9-hr-long meet, refer contentious issue of surplus to expert panel
The expert committee to be set up jointly by the government and the RBI will now decide about the adequate size of the capital base.
The expert committee to be set up jointly by the government and the RBI will now decide about the adequate size of the capital base.
Speculation has been mounting that RBI Governor Urjit Patel could quit his post. Though Patel is still in the chair, it hasn’t stopped chatter about his successor should he resign
The comments come against the backdrop of escalating tension between the government and the RBI over various issues.
