Mumbai, April 8 (IANS) Sanjay Malhotra on Wednesday said that the Reserve Bank of India has not found any major governance issues in HDFC Bank, even after the bank’s chairman stepped down citing ethical disagreements.Speaking after the monetary policy announcement, the RBI governor said that based on regular supervision, there are no material concerns about the bank’s governance.“Existing banking laws are clear and effective, and there is currently no need for any changes,” he said.“Ho…
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New Delhi, Feb 6 (IANS) The RBI’s prudent monetary framework will reinforce market confidence, boost manufacturing and trade activities, and enhance India’s global competitiveness, leading industry chamber Assocham said on Friday.The RBI’s decision to maintain a stable policy stance and adopt calibrated measures will strengthen economic growth, consumer demand, producers’ sentiment, and exporters’ competitiveness. “The Monetary Policy Committee’s move to keep the repo rate unchange…