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Needed: A retail borrowers' union to stop banks from cheating customers

As the RBI's Internal Committee report shows, both public and private sector banks have been cheating hapless customers

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Rbi Bank Recapitalisation

Joydeep Ghosh 



RBI

The government’s Rs 2.11 lakh crore recapitalisation of banks is a laudable effort. After all, several sections of the economy are being starved of cash as many banks are unable to lend due to their stressed balance sheets.

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First Published: Wed, November 08 2017. 12:34 IST

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