About the Reserve Bank of India under government Ultimate Weapon section 7 has emerged as a red line.
people with knowledge of RBI thinking said that resorting to the section odison standoff between the central bank and government depend the crisis if Mondays board meeting is held under cloud of section 7. how were the government Agrasen maybe tempered by apprehension that the government and the two of his deputies Mein of to live a process through hard and create an international perception. RBI representatives are expected to impress upon its 18 member board that and the stress in the certain sector is not for want of liquidity but has more to do with a crisis of confidence among lender and absorptive capacity of small business.
the central bank is likely to Ambala States argument of liquidity being available by highlighting that large redemption of certain nbfc DPT have taken place in November without any major default.
the government is however on impressed with steps taken by the regulator's so far that believe that there is pain on Finance Companies is crippling their operation and impacting credit floor to CL Sector 50 construction and small businesses.
Sources suggested that is related to credit flow to MSM micro small medium enterprise and the problem related to the nbfc are best left to RBI.
On the issue of the higher results I just ate a large part of the Corpus is national.
it is an issue that has been debited since 1986 fine then finance secretary as Venkat Raman was involved in a better better LPU RBI Government and R N Malhotra to see ke haisha of the surplus.
the government has made no secret of AIDS why is that can be central bank should be bored Run has come in for some criticism.
according to former Central Bank Unlike the US State Board the RBI board including people from different walk of life.. thank you very much
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