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| ..............it might seem easier for a camel to pass through the eye of a needle than to get a bank licence! But, then being Governor, RBI, was never meant to be bed of roses!.............. |
............In theory it is easy to separate wheat from chaff while granting bank licences; in practice it will test the RBI governor's mettle. The life of the Reserve Bank of India (RBI) governor has just got tougher! As if battling currency and economic slowdown woes was not enough, Governor Subbarao now has 26 new reasons to lose sleep! Twenty-six applicants have made a pitch for a private bank licence.................
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