Friday, March 28, 2014

RBI sought EC's nod on bank licence as matter of caution: Rajan

.........."I think (it) is to make sure that any such announcements are not tinged by uncertainty. That's why it is important to ask the Election Commission whether this meets with the code of conduct. "Think of it as caution, you might call the caution excessive but it's important to follow process,".................

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