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Parliamentary panel questions RBI on failure to take preemptive action against bad loans

Updated : August 27, 2018 05:42 PM IST

According to sources familiar with the report of the Standing Committee on Finance, RBI needs to find out as to why the early signals of stressed accounts were not captured before the AQR.
The report was adopted by the Committee headed by senior Congress leader M Veerappa Moily today and is likely to be placed in the Parliament in the Winter Session.
Parliamentary panel questions RBI on failure to take preemptive action against bad loans

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