Monday, September 17, 2012

Finance ministry to meet bank chiefs today to boost realty lending

......The panel, headed by Ajai Kumar, chairman and managing director of Corporation Bank, is expected to give its report by month-end. Mittal will also attend the meeting of the sub-committee of the Financial Stability and Development Council (FSDC) at the Reserve Bank of India (RBI). The sub-committee is headed by RBI Governor, D Subbarao, in which all financial sector regulators are members. RBI deputy governors also attend the FSDC sub-committee meetings.......

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