Allowing corporates to promote banks is not the RBI’s view, and the central bank will take a decision on it and other suggestions made by an internal panel recently only after perusing public comments, RBI Governor Shaktikanta Das said on Friday.
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Unknown title understood,” Reserve Bank of India (RBI) Governor Shaktikanta Das said. File | Photo Credit: PTI The central bank will seek further comments from public and stakeholders, Shaktikanda Das said. <span>Allowing corporates to promote banks is not the RBI’s view, and the central bank will take a decision on it and other suggestions made by an internal panel recently only after perusing public comments, RBI Governor Shaktikanta Das said on Friday. It can be noted that the RBI’s Internal Working Group’s (IWG) suggestion to allow corporates into banking has received sharp criticism from experts, including former RBI Governors, Depu Summary
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