Saturday, April 27, 2019

RBI fears disclosure of sensitive information

While inspection reports even point to minute deviations from the prescribed norms — which are usually rectified by banks once the regulator brings it to their attention — the central bank fears that making these reports public may cause panic among depositors and shareholders as minor violations may be blown out of proportion, creating the possibility of a run on a bank.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2UZI2mD

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