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Finmin decided to seek explanation on Acharya s wrath of markets speech; Jaitley didn t pursue - The New Indian Express

Finmin decided to seek explanation on Acharya s wrath of markets speech; Jaitley didn t pursue - The New Indian Express
newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.

Finmin decided to seek explanation on Acharya s wrath of markets speech; Jaitley didn t pursue

Finmin decided to seek explanation on Acharya s wrath of markets speech; Jaitley didn t pursue
devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.

Finmin decided to seek explanation on Acharya s wrath of markets speech Jaitley didn t pursue

Why RBI needs to keep healthy distance from the government

.RBI generates revenues primarily via seigniorage. It prints money and distributes it through banks, or credits banks with electronic reserves, to help settle transactions in the economy. Typically, it does not pay interest on the currency or reserve liabilities. At times, it also makes money by buying dollars when the rupee is strong and selling them when the rupee is weak. It incurs costs, too, an important one being that of printing and replacing currency notes.

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