RBI must be able to say 'no' to govt: Raghuram Rajan
Outgoing RBI Governor Raghuram Rajan on Saturday said the Reserve Bank's ability to say 'no' to the government needs to be protected as India needs an independent central bank. Adding that RBI's freedom to take operational decisions is important, Rajan said it cannot be free of all the constraints as it needs to work under the government's framework.