Setback for the Indian Economy: Quick response from GOI & RBI necessary
Letter to BS: We are paying penalty for ignoring basic banking principles
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This response is a reiteration of my views which I have been expressing through the media for years.
If there is a will, for GOI and RBI rectify deficiencies in procedure which seems to have led to the present situation, in a matter of days, if not hours.
M G Warrier