Transfer Of Excess Reserve May Pull Down RBI’s Credit Rating, Says Rajan
File photo of former RBI Governor Raghuram Rajan. (Photographer: Dhiraj Singh/Bloomberg)

Transfer Of Excess Reserve May Pull Down RBI’s Credit Rating, Says Rajan

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Former Reserve Bank of India Governor Raghuram Rajan has cautioned that transfer of excess reserve to the government may bring down rating of the central bank.
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