............. “There is little regulatory oversight over the large quantum of funds handled by post offices, employees’ provident funds or government pension schemes.” However, analysts say using the term ‘shadow banking’ for government NBFCs, post offices and pension and provident fund schemes is not fair. Though they don’t have regulatory oversight, they have government oversight and are subject to the Comptroller and Auditor General’s scrutiny. Post offices, pension and provident fund schemes are directly owned by the government..........
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment