Rate-setting panel member asks RBI to talk clearly for greater good

Rate-setting panel member asks RBI to talk clearly for greater good

An outspoken member in India’s rate-setting body has criticized the central bank for being non-transparent about its policy intent and confusing the public with technicalities. “The monetary policy committee should not be content with communicating to an ‘inside’ audience of regulated entities in a coded language, but should endeavor to communicate with the general public … Read more