Monday, September 30, 2013

‘Repo rate is immaterial, please throw it out...’

...........The outspoken banker, who steps down on September 30 (Monday), set off many discussions and debates in the banking circles. His view that the cash reserve ratio must be done away with ignited vigorous debates among top bankers and policymakers. Chaudhuri believes that even a top bank must compete aggressively for public deposits and be anchored in boring, yet safe, banking fundamentals................

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