Published On: Sun, Mar 22nd, 2015

FM Jaitley says “no disconnect” with RBI

New Delhi: Finance Minister Arun Jaitley on Sunday denied any “disconnect” with the Reserve Bank of India (RBI) over plans to introduce a monetary policy committee and change the central bank’s regulatory powers.

Finance Minister Arun Jaitley

Finance Minister Arun Jaitley

Jaitley said all the changes he proposed in the budget, seen as the biggest shake up to India’s central bank in a generation, had been discussed beforehand with RBI.

Reuters

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