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Raghuram Rajan had cautioned the government that short-term costs of a radical ban of high-value currency notes would outweigh the long-term benefits. (Photo: AP) (Photo: PTI)Business
Transfer of excess reserve may pull down credit rating of RBI: Rajan

Highlighting that profit of the central bank largely comes due to devaluation of Indian currency.

17 Dec 2018 4:31 PM IST

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