SEBI needs to get tougher
The market regulator may remove the option to settle serious cases like insider trading without admitting guilt. That could lead to even less enforcement from the SEBI than at present. But if it hardens SEBI's resolve to land a high-profile conviction, such self-denying ordnance may be worth it, writes Jeff Glekin. Full Article
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IBA chief wants RBI to cut CRR, SLR
MUMBAI |
MUMBAI (Reuters) - Indian Banks' Association on Tuesday asked the central bank to cut cash reserve ratio and statutory liquidity ratio, Chief K Ramakrishnan told reporters.
"Bankers have made a very clear representation that SLR, CRR must come down," he said.
(Reporting by Swati Pandey; Editing by Harish Nambiar)
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