Ajay Shah, in this Business Standard article, analyses the principal-agent relationship of the Ministry of Finance and its financial agent, the Reserve Bank of India (RBI). He proposes that the RBI's indepence as a financial agent would be best achieved by following a "middle ground" in terms o...
Vivek Dehejia, Resident Senior Fellow at IDFC Institute speaks to the Open Magazine, on the appointment of Dr. Urjit Patel as Governor of the Reserve Bank of India (RBI) and the challenges that lie ahead for him.
Dehejia commends the departure from traditional ad-ho...