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RBI#39;s regulatory failure created ILFS mess, says Arvind Subramanian

RBI#39;s regulatory failure created ILFS mess, says Arvind Subramanian Subramanian calls upon RBI to step up its abilities in two key areas of supervision and part with its mammoth reserves to recapitalise the ailing state-run lenders in a decisive manner.

from Moneycontrol Business News https://ift.tt/2SjSbF4
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