Any Suggestion About Credibility Of RBI Seems Outlandish: Nirmala Sitharaman | Read
A day after the Central Board of Reserve Bank of India decided to payout Rs. 1.76 lakh crore from its reserve and surplus to the government of India, Finance Minister Nirmala Sitharaman on Tuesday said that the government has not yet decided on how the funds from the central bank will be utilised. "They gave a formula based on which the amount was arrived at. Now, any suggestion about the credibility of the RBI, for me, seems a bit outlandish, considering the committee was appointed by the Reserve Bank themselves," Ms Sitharaman added.
