With that being said, healthcare initiatives such as ‘Access

The gloves are off in the spat between the Reserve Bank of India and the government. Media reports say New Delhi has invoked powers under the Section 7 of the Reserve Bank of India Act to issue directions to the central bank. Former Finance Minister P Chidambaram was quick to point out that this clause has never been used before.Indeed, quarrels between the central bank and the government are not new.

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