.......The central bank’s concerns are understandable as certain companies of late have been found raising money from people illegally and there is lack of clarity in legal provisions and roles of different agencies in this regard. It sees better information sharing and increased coordination with participation from the state governments as the answer to plug gaps in the regulatory framework.
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.
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