Kochi : .... Earlier, the RBI had made a clearance arrangement through a few new generation banks in the event of a strike. But the step was not effective. The striking employees have been found to disrupt the smooth functioning of the alternate arrangements as well. “Earlier, the RBI had taken steps for the speedy clearance of transactions. But since the strike was an all-India one, the system could not come handy,” said K S Raveendran, Special Assistant, Reserve Bank of India......
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