Government Expects Changes In RBI’s Prompt Corrective Action Framework
The Reserve Bank of India (RBI) logo is displayed on a gate at the central bank’s headquarters in New Delhi, India. (Photographer: Kuni Takahashi/Bloomberg)

Government Expects Changes In RBI’s Prompt Corrective Action Framework

The government expects some changes in the Reserve Bank of India’s prompt corrective action framework and is in talks with the central bank about it, according to a senior Finance Ministry official...
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