Did the government help Shaktikanta Das sneak out of ‘Padma Vyuha’?


Almost every Reserve Bank of India governor has had his best of times and worst of times at the Mint Road. But few suffered such misfortune as Duvvuri Subbarao did. He marched to global central bankers’ beat to open the liquidity tap and slash interest rates after Lehman Brothers imploded in 2008.
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