YV Reddy says the current issues including the debate over the RBI’s capital framework will have a lasting impact.
https://www.bloombergquint.com/business/yv-reddy-weighs-in-on-the-tussle-between-rbi-and-government

The Union Budget left markets with little hope and all eyes are on the RBI to cut rates. Can they cut and will it have an impact? Are we in An Economic Depression? https://soundcloud.com/indiacharts/budgeted-nifty-rbi-dead-ahead