By Suvashree Choudhury MUMBAI (Reuters) - India's central bank needs to be more independent to improve macroeconomic stability, Reserve Bank of India (RBI) Deputy Governor Viral Acharya said on Friday, warning that undermining a central bank's independence could be "potentially catastrophic". In a speech, the text of which was posted on RBI's website, Acharya also said policies should be "rule-based"
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Saturday, 27 October 2018
RBI Deputy Governor Viral Acharya calls for 'effective independence'
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