rbi speech, 2005-08-06
In fact, RBI in its comments on the draft report of the Task Force on Revival of Cooperative Credit Institutions (Vaidyanathan Committee, February 2005) argued in favour of substituting RBI's regulatory jurisdiction with a separate independent national or State level regulatory, body broadly in line with what was advocated by Dr. Bimal Jalan in his policy statement in 2001 in regard to Urban Cooperative Banks.
Sentiment: neutral
Topic: governance