RBI Meet: Rahul Hopes Reserve Bank Governor Will Show Modi ‘His Place’

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RBI Governor Urjit Patel.

Caravan News

NEW DELHI — Ahead of the crucial RBI Board meeting, Congress President Rahul Gandhi on Monday attacked the Centre with destroying institutions and hoped Reserve Bank of India (RBI) Governor Urjit Patel will show Prime Minister Narendra Modi “his place”.

Prime Minister Narendra Modi will try to destroy the RBI “through his puppets” at a crucial RBI board meeting that’s currently under way in Mumbai, Rahul Gandhi said on Monday.

“Modi and his coterie of cronies, continue to destroy every institution they can get their hands on. Today, through his puppets at the RBI Board Meet he will attempt to destroy the RBI. I hope Patel and his team have a spine and show him his place,” Gandhi tweeted.

The RBI board meeting on Monday comes amid growing tension between the Centre and the RBI after the Finance Ministry recently sought discussions under the never-used-before Section 7 of the RBI Act which empowers the government to issue directions to the central bank.

The board meeting is expected to take up the liquidity crisis that initially triggered the tiff between the government and the Central Bank.

(With inputs from IANS)

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