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RBI nominee on PSU boards create illusion of regulatory control, says Raghuram Rajan

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RBI nominee on PSU boards create illusion of regulatory control, says Raghuram Rajan

 

Former RBI Governor Raghuram Rajan is not in favour of having an RBI nominee on the boards of public sector banks, saying it creates an “illusion that the regulator is in control”.

 

-PTI

 

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