| Leeladhar was talking to mediamen on the sidelines of a conference organized by the Indian Merchants' Chamber and the Institute of Chartered Accountants of India. |
| Leeladhar reiterated that there are no reasons for disputes if banks follow the RBI norms in letter and spirit. The RBI governor YV Reddy had made a similar statement a couple of weeks ago. |
| A large number of mid-sized companies have gone to court alleging mis-selling of derivative instruments by banks. On their part, banks are saying that the companies are raising these concerns now as the deals are no longer in their favour. |
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