............It is very difficult for me to answer as to what made the RBI change its mind. The draft guidelines were put out by the RBI sometime back. There was a lot of feedback after that. The Indian Banks Association also gave their comments. We were in continues discussion with the RBI. There were all kinds of other stakeholders who are talking to them and the pros and cons were evaluated over a period of time. There was no history decision making and ultimately what has come out is perhaps the fairest configuration which they could have worked out............
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