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The new strategy under question as policy rate cuts fail to pass to borrowers quickly
Government’s stance seems at odds with policy to embrace tech that can digitise the economy
Analysts say $25bn transfer should be for long-term projects, not a quick fiscal fix
Transfer in dividends and ‘surplus capital’ intensifies concern over RBI independence
Other Asian banks also ease monetary policy as India’s growth forecast downgraded
Economist had been a fierce advocate of the RBI’s independence
RBI makes second rate cut this year just ahead of national polls
Shares in indebted companies rally after directive is deemed unconstitutional
Figures are politically sensitive in run-up to general election
Huge volumes in non-deliverable forward market add to downward pressure on currency
Half-year payout comes ahead of general election
India’s central bank says disclosure was part of effort ‘to mislead the public’
Prime minister hopes tax breaks and handouts will be enough to win second term
Loosening of policy comes ahead of parliamentary elections
Modi needs to recognise the value of credible central bank independence
New chief at centre of storm over bank’s independence a month after taking charge
Many in Mumbai’s financial sector were unhappy with the former governor’s approach
Appointment of devoted bureaucrat Shaktikanta Das heralds a test of credibility for the RBI
Decision comes after abrupt resignation of Urjit Patel amid tension with Modi government
Former governor Urjit Patel is not the only policymaker in the political doghouse
The governor’s resignation puts the onus on Narendra Modi’s government
Governor’s exit heightens investor concerns about direction of India’s monetary policy
Reserve Bank of India head has been at odds with the government over its independence
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