RBI Asks State Governments To Avoid Withdrawing Funds From Private Banks
A pedestrian walks past the Reserve Bank of India (RBI) building in Mumbai, India. (Photographer: Kanishka Sonthalia/Bloomberg)

RBI Asks State Governments To Avoid Withdrawing Funds From Private Banks

The Reserve Bank of India has advised state governments not to shift their deposits from private sector banks to public sector banks due to fears that private lenders are on a weak footing.It has c...
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