Undermining RBI will be disastrous: Employees Union
Days after RBI Deputy Governor Viral Acharya spoke on the need for the central bank`s autonomy, the RBI Employees Association on Monday came out in his support by stating that "undermining the country`s central bank is a recipe for disaster".
The government, with a short tenure from election to election, is prone to putting pressure on the RBI to fall in line with its expediency. Image source: PTI