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More coordination among financial sector regulators needed, says RBI

Updated : December 31, 2018 09:49 PM IST

The comments come in the wake of the crisis at infra lender IL&FS and also a few years after chit fund scams, which had exposed certain chinks.
The RBI has commented directly on the IL&FS crisis in the report, saying it will have a closer look at the oversight of financial conglomerates like IL&FS from here on.
More coordination among financial sector regulators needed, says RBI

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