RBI: How a more transparent and predictable supervisory architecture could strengthen confidence in its decisions

Mint has reported a new India-focused economy development: “RBI: How a more transparent and predictable supervisory architecture could strengthen confidence in its decisions.” The publisher's feed describes the story as follows: RBI’s enforcement has a rigorous process, but penalty cases in the news have stirred a debate on whether India needs an appellate authority. Its supervisory role is relatively opaque for valid reasons, but RBI may find that the more predictable and proportionate it is,
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