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RBI monetary policy: Urjit Patel warns against loan waivers, says they are a moral hazard
Fp Staff •Farm loan waiver undermines honest credit culture and entails transfer of taxpayers' money, Urjit Patel has cautioned
RBI's Raghuram Rajan says debt waivers ineffective, constrains credit flow
Fp Archives •Andhra Pradesh and Telangana governments have declared loan waivers for the farmers hit by cyclone Phailin last year