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RBI clarifications can be interpreted subjectively: Parekh

Sandeep Parekh of Finsec Law Advisors told CNBC-TV18 that the clarifications issued by the banking regulator Reserve Bank of India (RBI) involved a lot of subjective interpretations and welcomed the decisions to extend the implementation time to 18 months from one year.

first published: Jun 3, 2013 07:54 pm

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