RBI monetary policy: Urjit Patel warns against loan waivers, says they are a moral hazard
Fp Staff • 8 years agoFarm 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 • 10 years agoAndhra Pradesh and Telangana governments have declared loan waivers for the farmers hit by cyclone Phailin last year