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Indian regulators finally start to regulate

Sundeep Khanna   •

After years of being pilloried for being soft on the firms they have oversight over, the central bank and the markets regulator, it seems, have decided to intervene before another major scam causes systemic damage of the kind that we have seen in the past with IL&FS and DHFL.

After years of being pilloried for being soft on the firms they have oversight over, the central bank and the markets regulator, it seems, have decided to intervene before another major scam causes systemic damage of the kind that we have seen in the past with IL&FS and DHFL. (Representative image)

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