RBI's Subbarao highlights new ‘trilemma' facing central banks

Central bank responsibility for sovereign debt sustainability must be clearly defined and restricted to protecting financial stability if central banks are to retain their autonomy from government, Duvvuri Subbarao, the governor of the Reserve Bank of India (RBI), said on February 1.

Subbarao made the comments at the Second International Research Conference held in Mumbai, India, entitled Monetary Policy, Sovereign Debt and Financial Stability: The New Trilemma. The conference featured a number

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: