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Tags : "Ajoy Mehta"

Private sector banks safe, RBI tells chief secretaries

MUMBAI: The Reserve Bank of India (RBI) has written to chief secretaries of state governments advising them against transferring funds from private sector banks. Apprehension on the safety of deposits in private sector banks is highly misplaced, the letter says asking chief secretaries to reconsider their decision. “We strongly believe that such a move can […]Read More