.........Chairman, Kashmir Economic Alliance (KEA), Muhammad Yaseen Khan said: “I fail to understand why the RBI is not acting against these banks. While on other issues the RBI seems to be proactive, but when it comes to poor lending by SBI and PNB, the central bank acts as a mute spectator.” Khan said the RBI should take action against such banks which fail to meet the CDR benchmark. “They should be penalized for their failure to ensure mandatory credit flow to the priority sector.”.......
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