Not respecting RBI's autonomy will ignite economic fire: Dy Guv 
RBI Deputy Governor Viral Acharya has said that governments that don't respect central bank independence will "incur the wrath of financial markets, ignite economic fire". Those who "invest in central bank independence will enjoy lower costs of borrowing, love of international investors, and longer life spans," he added. Acharya also said RBI must have more powers to supervise state-run banks.