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Fitch hints rating downgrade if Centre scuttles RBI mandate

Fitch hints rating downgrade if Centre scuttles RBI mandate  

12 Dec, 2018  

Mumbai, Dec 12 (IANS) Reflecting foreign investor concern at the circumstances in which previous RBI Governor Urjit Patel quit office, Fitch Ratings on Wednesday said the resignation highlights the risks to the central bank's policy priorities and that its sovereign rating assessment of India could change if government influence pushes the RBI away from its mandate.




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