RBI Says Yielding to Kotak Plea Would Erode Its Autonomy
A pedestrian walks past a Kotak Mahindra Bank Ltd. bank branch in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

RBI Says Yielding to Kotak Plea Would Erode Its Autonomy

(Bloomberg) -- India’s central bank is warning that its authority could be undermined if courts rule against it in a case involving a major private-sector lender.
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