.......“An investigative audit of the books of the company seeking CDR is important,” said one of the bankers. “Banks will soon write to RBI (Reserve Bank of India) on this.” The core group, which meets twice a year, consists of State Bank of India, the nation’s largest lender, ICICI Bank Ltd, Punjab National Bank and Bank of India, among a few others. Changes in the CDR rules can only be made by the banking regulator..........
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