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Amid mounting tension between the Reserve Bank and the finance ministry, former RBI governor Raghuram Rajan Tuesday said the central bank is like a seat belt in a car, without which accidents can happen(Reuters File Photo)

RBI a seat belt for govt, autonomy must be respected: Raghuram Rajan

New Delhi | By Press Trust of India
UPDATED ON NOV 06, 2018 05:01 PM IST
Pitching for respecting the institutional autonomy of the RBI, he said the central bank has the liberty to say no if the government pushes it to be lenient.
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