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RBI to pack in additional stringent steps for banks

In the past 18 months the banking regulator has been fairly active. Number of constraints or disincentives have been imposed on banks; about a couple of months ago the savings rate was deregulated, recently the NRI interest rates have been deregulated, 14 months ago the regulator ensured that the banks set aside more NPLs.

first published: May 26, 2012 12:53 pm

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