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Opinion

India's central bank is on the front line for Modi 2.0

Triumphant leader risks damaging economy if he interferes too much in financial markets

| India
Shaktikanta Das has already cut interest rates twice for the boss.    © Reuters

Indian Prime Minister Narendra Modi did not single out Shaktikanta Das for thanks following his resounding re-election win.

But he should have done given the role the Reserve Bank of India governor has played in Modi's triumph -- and is likely to play in his second five-year term in government.

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