Govt should sell stakes in banks: Rajan panel
BS Reporter Mumbai f/040708_02.pdf">Click here to download the entire report
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| To improve the financial markets, the 10-member committee, which consisted of leading bank CEOs, lawyers and academicians, said all regulations related to trading, including those on government bonds, should be supervised by the stock-market regulator Securities & Exchange Board of India. |
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| The move, the committee said, will strengthen the interconnected markets, improve liquidity and increase competition. |
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Besides, it wants the regulators to accord faster approvals to new products and is against any bans
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