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Tuesday , 17 October 2017
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Tag Archives: Loan Waiver Scheme

RBI Governor Urjit Patel Hits Out At Farm Loan Waiver

Urjit Patel

Reserve Bank of India (RBI) Governor Urjit Patel said that there is a need for national consensus on loan waiver schemes that these promises are not made during elections. He said that a consensus is required at national level so that loan waiver promises are eschewed. Otherwise, sub-sovereign fiscal challenges could eventually affect the national balance sheet. He claimed that with such schemes the ... Read More »

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