...........Let’s try and extrapolate a few of the key messages here, with the
benefit of the clarity provided by the RBI in its 165-page document;
each question being quoted and bucketed broadly on themes of ownership,
operating model, business transition and others. The answers are
repetitive, but intelligently so. It’s an assertion of the authority of
the central bank to formulate policies and guidelines and not deviate
from the principles post event, the essential function of a
clarificatory note being to clarify and not to introduce policy change.................
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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