Wednesday, February 27, 2013

Onus is on RBI to find ‘fit and proper’ bank licencees

.................The ultimate safeguard, however, is the RBI’s ability to take an unbiased and independent view on who is ‘fit and proper’ to promote a bank. As long as that is not compromised we need not fear. Now more than at any other time, the RBI must strive to guard its relatively clean image..............

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