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FSLRC to make regulation more accountable: expert

  • 10:34
  • Published On: April 01, 2013
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The FSLRC recommendations aim to create a unified financial regulator with the RBI continuing to be the monetary policy authority and the banking regulator. Dr Ajay Shah, professor at NIPFP, explains some of the principles behind the recommendations and also shares his thoughts on proposed changes to the functioning of monetary policy.

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