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Every big bank including the private ones from ICICI Bank, HDFC Bank to Axis Bank were found wanting when it came to adhering to banking regulations.
Reserve Bank of India Governor Raghuram Rajan is locked in a serious dialogue with the government on the new monetary policy framework, writes Anand Adhikari.
While the Court has restored the rights of Madhu Kapur, the warring families are bracing for another legal fight over the bank's Article Of Association.
Experts have already started taking sides on whether India needs to go for full capital account convertibility at this juncture
The good run continues and there are expectations of another 25 bps cut by the central bank. Meanwhile, Rajan's eye would be fixed on two big variables.
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