Gist of Editorials: Balance of Power, In the Balance (The Hindu) | GS – III

The relationship between the board and the Governor is not comparable to a managing director in a corporate. It is, thus, wrong to compare a corporate board to the RBI’s and suggest that the Governor is subservient to it.

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Editorial Simplified: Balance of Power, In the Balance | GS – III

The role of the Board of Directors of the Reserve Bank of India (RBI) and its powers vis-à-vis the RBI Governor have come into focus in the ongoing tussle between the Centre and the central bank.

Continue ReadingEditorial Simplified: Balance of Power, In the Balance | GS – III