RBI Vs GOI or Vice Versa
There's nothing new in this article. Sharing for the fun of a new interpretation. "Section 7 has been used thrice in the form of 'letters of consultation'... Perhaps, GOI's communications hereafter are going to be under Section 7!
The funny fellows in Delhi may even consider amending Section 7, which again will involve 'consultation with Governor'
Interesting times are ahead
M G Warrier