As RBI Employees Back Boss, Centre Upset That Rift Made Public | Read

The ongoing friction between the Reserve Bank of India and the government has boiled over, with the association of the bank's employees siding with its Deputy Governor on Monday. Last week, Viral Acharya had made a strong case for the need of autonomy at the country's central bank -- his speech had been widely shared on social media. Quoting sources, news agency Reuters reported that the government officials are very upset with the RBI for making the rift public. They fear it could tarnish the country's image among investors, Reuters reported.