...................Rajan's other key task will be to deal with the far-reaching recommendations of the P J Nayak committee, which was set up to review governance issues. While the government has ruled out dilution of its stake below 51 per cent in public sector banks, RBI is confident that some of the other recommendations like splitting the chairman and managing directors' post and revamping the boards would bring transparency in functioning of these banks. Over to Dr Rajan..........
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