NEW DELHI (Reuters) - India's central government is open to considering the Reserve Bank of India's demand for wider powers to regulate lenders, Finance Minister Piyush Goyal said on Tuesday.
Reserve Bank of India chief Urijit Patel said in March that the regulator had "very limited authority" over state-run banks and had called for reforms to give the central bank more powers to police such lenders in the wake of a $2 billion fraud.
(Reporting by Manoj Kumar; Writing by Sankalp Phartiyal; Editing by Robert Birsel)
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