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Former governor Reddy weighs in on RBI-government friction, says contentious issues will have lasting impact on institution

Updated : February 11, 2019 10:50 AM IST

Reddy also put the spotlight on the government’s demand to facilitate lending liberally primarily to small and medium industries.
RBI should be concerned at the risk assessment capabilities of public sector giants like LIC and SBI that allowed this to happen while having large stake in IL&FS, said Reddy.
Former governor Reddy weighs in on RBI-government friction, says contentious issues will have lasting impact on institution

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