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There could be a secular decline in RBI revaluation reserves over time, says Pronab Sen

There could be a secular decline in RBI revaluation reserves over time, says Pronab Sen Pronab Sen, former chief statistician, spoke at length about the accounting change. “Up to a point it makes sense, but what puzzles me is that the Jalan committee has endorsed this accounting change proposed by the Malegam committee,” said Sen.

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