What is Section 7 of the RBI Act and Why This Extreme Step May See Urjit Patel Call it Quits

The Finance Ministry, located in the North Block here, has cited the never-before-used power of issuing directions to RBI Governor to seek a resolution to differences with the central bank, sources said.

from Top Business News- News18.com https://ift.tt/2qizq8U
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