Friday, December 28, 2012

Gaming the system

............... Among the important lessons to be learnt by regulators from this episode is that any loophole that allows a group like Sahara to shop around for a favourable regulator needs to be plugged. Secondly, regulators like the RBI and SEBI need to exchange information with one another. With all that, it will still require a lot of political will to check the Sahara Pariwar and its imitators.

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