The dousing of fires for now opens up space to repair ties between government and RBI | The Indian Express

The dousing of fires for now opens up space to repair ties between government and RBI | The Indian Express

Written by Shaji Vikraman |Updated: August 29, 2019 11:47:38 am

The dousing of fires for now opens up space to repair ties between government and RBI

If policymakers on both sides can shut out the noise, it could be an opportune time to repair ties between the government and the RBI and to forge a respectful relationship.

Like some of its peers, the Reserve Bank of India, too, should be fortifying itself considering the risks on the horizon. (Express Photo by Tashi Tobgyal)

In August last year, Mark Carney, Governor of the Bank of England told Bloomberg about fixing common errors that happen over history and the attempt by the central bank he heads to ensure a change in thinking to make the system as resilient as possible to “unknown unknowns”.