Reserve Bank of India (RBI) believes that they should regulate both banks as well as non-banks, a view not supported by Financial Sector Legislative Reforms Commission (FSLRC).

FSLRC had recommended that RBI should eventually (within 5-10 years) focus on monetary policy and traditional central banking activity and shed other regulatory and supervisory functions. Read More

Jyothi Shankaran

    Jyothi’s last role was as Senior Editor with the business news channel Bloomberg TV India. He also worked as News Editor at business-standard.com, the online version of the business newspaper Business Standard. Jyothi is a chemical engineer from the Regional Engineering College, Srinagar.