News From Press Multiple regulators hurting bond market development: RBI official

Multiple regulators hurting bond market development: RBI official

The need for a robust bond market has increased, thanks to the stressed balance-sheets of banks, M Rajeshwar Rao, an executive director at the central bank, said.

Money Control Nov 9, 2019

A senior Reserve Bank official on Friday blamed the presence of multiple regulators with disparate priorities for the ills plaguing the corporate bond market saying multiple regulators are leading to poor coordination and long delays.

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