An RBI working group insider explains the thinking behind businessmen-as-bankers recommendation - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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An RBI working group insider explains the thinking behind businessmen-as-bankers recommendation

"We have suggested revisiting the fit-and-proper criteria. We have said that financial conglomerates getting into banking should have a structure NOFHC to come through and that companies should be regulated through RBI guidelines and necessary legislative framework," says Sachin Chaturvedi who is on RBI's central board.

from Industry-Economic Times
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