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The Reserve Bank of India behaves a little bit like an Indian parent when it comes to private sector banks. “Trust us. We know what’s best for you” – seems to be the general approach. They can’t do the same with public sector banks as their real parent — the government — is not someone the RBI will take on often.And so, much of the tough love is directed at the private banks in general and, more recently, private bank chief executive...
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