LONDON Bank of England Governor Mervyn King and other members of the central bank's Financial Policy Committee appeared before a British parliament committee on Tuesday to discuss their November Financial Stability Report.
(Reporting by UK bureau)
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Reserve Bank of India Governor Raghuram Rajan on Thursday said central bank and government efforts to clean up banks' balance sheets would be successful, and warned analysts against "scare-mongering" about the level of stressed assets in the sector. Full Article