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The Reserve Bank of India (RBI) is transitioning toward a principle-based regulatory approach, offering broad guidelines to the entities it regulates while allowing for flexibility in how they achieve compliance, according to Deputy Governor Rajeshwar Rao. ....
The Reserve Bank of India (RBI) is transitioning toward a principle-based regulatory approach, offering broad guidelines to the entities it regulates while allowing for flexibility in how they achieve compliance, according to Deputy Governor Rajeshwar Rao. ....
While much has been said about corporate governance in India, when it comes to its implementation or practice, it is not the private sector but entities owned by the government, which are mostly non-compliant with the law and regulations. ....