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Unfair to compare private banks with PSBs: Finance Ministry to RBI – Economic Times

Unfair to compare private banks with PSBs: Finance Ministry to RBI – Economic Times

NEW DELHI: The finance ministry strongly defended state-run banks after the Reserve Bank of India (RBI) raised concerns about their rising bad loans, management and business practices, and, in turn, hit out at private and foreign banks saying their business models were not conducive to economic growth. The ministry told RBI it was unfair to […]

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