Has RBI Lost All Power To Direct A Debtor To Insolvency?
A security guard stands by a Reserve Bank of India logo in the RBI building in Mumbai, India. (Photographer: Karen Dias/Bloomberg)

Has RBI Lost All Power To Direct A Debtor To Insolvency?

Ironically, the very section added to the Banking Regulation Act, 1949 to enhance the Reserve Bank of India’s powers has now served to cut them down.The central bank and regulator has already had w...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.