P Chidambaram Ahead Of Key RBI Meet

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Former Union minister P Chidambaram today said the spat between the government and the Reserve Bank is over a huge sum of money the government has demanded from the Central Bank. The imposition of a never-before used rule was meant to force the hand the Governor, who has refused to pay. The day of reckoning is November 19, when a board meeting is scheduled. “Hope the Governor stands his ground,” Mr Chidambaram said.

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