VADODARA: In a biggest setback to its repute, the Reserve Bank of India (RBI) has filed a civil suit against M S University (MSU) demanding recovery of Rs 97,63,000. Country's central bank has moved Ahmedabad court demanding recovery of the corpus fund worth Rs 50 lakh which it had given to the state university in 2002 to constitute a RBI Chair at the department of banking and insurance at faculty of commerce. It is worth mentioning here that having a RBI Chair is a matter of prestige for all academic institutes. MSU was the only state university in Gujarat and among other few universities across the country which was selected by the RBI for financial assistance for promoting external research............
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