The Reserve Bank of India (RBI) is changing the way it supervises financial entities by taking a consolidated approach, rather than having separate departments for banks, finance companies and cooperative lenders. The decision to create a new supervision cadre was taken at the RBI’s board meeting in Chennai, which concluded on Tuesday.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2JwWY5o
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