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Reserve Bank of India | Congress query on govt influence in Reserve Bank of India's rule on defaulters

Party's communications chief Jairam Ramesh issued a statement saying that 'the PM has always eagerly bent or changed rules to help his friends in a few large business groups' ....

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rbi: RBI must repeal notification allowing banks to undertake compromise settlement of wilful defaults: Congress

The Congress party has criticized the Reserve Bank of India s (RBI) decision to allow banks to make a compromise settlement on fraud accounts and wilful defaults. Congress General Secretary Jairam Ramesh has demanded that the RBI immediately repeals its instructions, stating that the new rules mean wilful defaulters who have run away with public money are receiving a "clean chit". The Congress party has claimed that banking frauds have risen 17-fold under the current Modi government. ....

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RBI must repeal notification allowing banks to undertake compromise settlement of wilful defaults: Congress

RBI must repeal notification allowing banks to undertake compromise settlement of wilful defaults: Congress
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RBI must repeal notification allowing banks to undertake compromise settlement of wilful defaults: Cong

Addressing a press conference at the AICC headquarters here, AICC secretary Vineet Punia and Congress leader Amitabh Dubey said the financial burden on this country from fraud and wilful defaults has been severe. ....

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Did Modi Government pressurise RBI to help loan defaulters: Congress

Did Modi Government pressurise RBI to help loan defaulters: Congress
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