Bankers plan to seek safeguards against undue vigilance action


Bankers plan to seek safeguards against undue vigilance action

Industry chambers and financial institutions, including non-banking financial companies (NBFCs), have been invited to the conference.

"The NCUI President talked about the problem faced due to RBI's different approach towards cooperative banks ... such issues have been discussed point-wise with the RBI chief and the Finance Minister. There was a positive discussion and the decision is in the pipeline. That decision will be in our favour," Verma said.


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