...........The larger point, as our lead story brings out, is that the process for tackling such frauds is riddled with problems. The fact is that Saradha did not happen while no one was watching. Sebi had been investigating the company for three years. That Saradha continued to raise money from investors speaks volumes about how inefficient the regulatory process is............
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
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