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Ex-RBI DG asks regulators to 'introspect' after recent instances of unease

Business Standard LogoBusiness Standard1w ago

Ex-RBI DG asks regulators to 'introspect' after recent instances of unease - Business Standard

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Citing recent instances of their proposals creating unease in the industry and decisions getting overruled or withdrawn, Former Reserve Bank of India (RBI) Deputy Governor S S Mundra on Friday called for an "introspection" among financial regulators.

The career central banker, who served as the Deputy Governor of the RBI for three years ending 2017, cited recent instances involving both the RBI and Sebi.

"There is a little bit which is there, for which regulators also need to introspect," Mundra said, while speaking at an event organised by industry lobby grouping Assocham here.


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Category: BusinessFinance

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-21 @ 19:18:43 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 370 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21329676

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