 "Vinod Rai and Arun Jaitley")
Finance Minister Arun Jaitley has met Bank Boards Bureau chairman Vinod Rai on a number of occasions, and discussed the functioning of BBB and banking reforms. The last meeting between the two happened on a weekend, earlier this month, at Jaitley’s residence.
On Monday, The BBB, in a 60-page report of its recommendations for reforms in state-owned banks, had said that the centre had been sitting over its suggestions. Rai alleged communication breakdown and said that the Finance Ministry’s Department of Financial Services (DFS) has not responded to its counsel, and that a meeting sought with Jaitley, on July 26,
