Commenting on whether the PCA (Prompt Corrective Action) norms be relaxed or not, Rajan said, "Basel norms are flexible for some conditions but very stringent versus other Indian rules. RBI as a professional institution must be trusted for putting 11 banks under PCA."
from Times of India https://ift.tt/2QmeHwh
Commenting on whether the PCA (Prompt Corrective Action) norms be relaxed or not, Rajan said, "Basel norms are flexible for some conditions but very stringent versus other Indian rules. RBI as a professional institution must be trusted for putting 11 banks under PCA." https://ift.tt/eA8V8J November 06, 2018 at 02:51PM https://ift.tt/2hJjhqE
Tuesday, November 6, 2018
RBI board needs to play like Rahul Dravid, not Sidhu: Raghuram Rajan
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