Govt should sell stakes in banks: Rajan panel

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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.
The move, the committee said, will strengthen the interconnected markets, improve liquidity and increase competition.
Besides, it wants the regulators to accord faster approvals to new products and is against any bans
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First Published: Apr 07 2008 | 12:00 AM IST
