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IMF recommends removal of RBI officials from PSB Boards

IMF in its India Country Report for December 2017 has recommended removal of RBI officials from Public Sector Bank (PSB) Boards, which it says creates potential conflict of interests with supervisory objectives and adopting model Board charters that would better define the terms of reference for Boa

By Whispers in the Corridors 1 min read

IMF in its India Country Report for December 2017 has recommended removal of RBI officials from Public Sector Bank (PSB) Boards, which it says creates potential conflict of interests with supervisory objectives and adopting model Board charters that would better define the terms of reference for Board members.

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