FM vs RBI: Do we smell a conspiracy?
With massive reports of RBI Governor Urjit Patel likely to resign and with a report in ET says that the government has invoked powers under RBI act in an unprecedented development and separate letters were sent to the RBI by the government which suggest that the government might have invoked Section 7 under the RBI Act, do we smell a conspiracy wherein the current RBI governor has been pushed to a point where he is compelled to resign? Mr. Sujit Nair, Managing Editor of HW News Network, and Mr. Akhilesh Bhargava, Business Editor of HW Business and Finance share their insights on the matter.