Investor and businessman TV Mohandas Pai has voiced concerns regarding the “rule of law” being followed by the Reserve Bank of India (RBI) and advocated for the setting up of an SAT to “save citizens from arbitary circulars”.
Responding to social media user Sandeep Parekh’s posts on X (formerly known as Twitter), Pai tagged the Prime Minister’s Office, the Prime Minister Narendra Modi’s official handle, Union Finance Minister Nirmala Sitharaman’s official account, the Finance Ministry handle and the official account of Union Home Minister Amit Shah and Piyush Goyal to draw attention to his plea.
“Sir please have a SAT for RBI. Save citizens from arbitrary circulars. Ensure rule of law. RBI is not above Constitution and our Parliament. Cannot have rule of unelected officials. You rule over us not RBI. Please intervene
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