New Delhi, March 1 -- There is a lingering perception in some quarters that the Reserve Bank of India (RBI) had been unhelpful with its monetary policies throughout the tenure of this government. Especially in the first two years, the RBI under Raghuram Rajan maintained a tight monetary policy, squeezed bank credit, kept the rupee strong and undermined economic growth. Of course, with all the statistical revisions, much of the sting had been taken out of this criticism. In 2007-08, the Indian economy is now estimated to have grown 7.7% (at constant 2011-12 prices) with overall credit growth and credit to industries having grown at 23.3% and 27.8%, respectively. In 2016-17, the economy is now estimated to have grown 8.2% (same basis as above...