Current Affairs Government Schemes

RBI sets up panel to review CICs

Category : Government Schemes

 The Reserve Bank of India has set up a working group to review the regulatory and supervisory framework for core investment companies (CIC). The group will be headed by Tapan Ray, non-executive chairman, Central Bank of India. The panel will examine the current regulatory framework for CICs in terms of adequacyefficacy and effectiveness.
Source: The Hindu


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