Tuesday, August 28, 2012

SBI chief gets taste of RBI's tongue-lashing

....Chakrabarty was responding to a question from the audience at a conference on systemic risk here. The tongue-lashing took many by surprise, as it was probably the first time that a top RBI official resorted to such a public reprimand for the chairman of the country’s largest bank.......

Read - BS

1 comment:

www.warriersblog.com said...

Though some spicy dialogues between elite members of India Inc or bosses in financial sector help us keep awake, some self-regulation is expected from people like Dr Chakrabarty when they speak out in media glare. SBI Chief was not violating any regulatory stipulation, but was expressing a view. Let us not take things to a C Vs C situation by off the cuff remarks. m G Warrier