RBI Cracks The Whip On Private Banks
Urjit Patel, governor of the Reserve Bank of India, listens during a news conference in Mumbai, India, on Dec. 7, 2016. (Photographer: Dhiraj Singh/Bloomberg)

RBI Cracks The Whip On Private Banks

BloombergQuintOpinion
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Set your house in order, or else. That’s the tough message the Reserve Bank of India has been sending out in recent months to private banks.Last April, the RBI asked the board of Axis Bank to recon...
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