Will govt invoke Sec 7 for 1st time if RBI logjam persists?

Will govt invoke Sec 7 for 1st time if RBI logjam persists?
Will govt invoke Sec 7 for 1st time if RBI logjam persists?
Will govt invoke Sec 7 for 1st time if RBI logjam persists?
https://ift.tt/2RqRJV8 Section 7 of RBI Act says, “The Central Government may from time to time give such directions to the Bank as it may, after consultation with the Governor of the Bank, consider necessary in the public interest.”

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