ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Rajan resisting opaque India bank funding plan
Bloomberg Just days after Raghuram Rajan announced plans to a return to academia, he’s battling to preserve the Reserve Bank of India’s independence. The government this month revived a proposal to dip into the central bank’s emergency funds to recapitalise commercial lenders hurt by rising bad loans. The idea was first floated in February by the Finance Ministry’s top …
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