RBI’s enhanced role to deter malpractices: Prez

President Ram Nath Kovind on Wednesday said the Reserve Bank of India’s (RBI’s) enhanced regulatory role will deter malpractices and make the nation’s financial system more credible. “Regulatory oversight of the RBI has also brought greater stability of banking operations,” the President said in his address at National Institute of Bank Management (NIBM) in Pune.

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