Tuesday, July 31, 2012

FinMin secy DK Mittal's grandstanding irks bankers, RBI

Two weeks back, a strong statement by RBI Governor D Subbarao on the government's dictatorial style of exercising ownership in state-owned bank triggered mixed reactions among bank bosses

...............Periodic cold war between RBI and the department of financial services is nothing new. But it always makes headlines whenever it surfaces. 

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