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RBI circular intrudes on govt turf?

While banning debt restructuring schemes, RBI decided to terminate the ‘5/25 scheme’ for bank loans for long-gestation infrastructure and core sector industries. Government officials believe RBI went ahead with the move despite the scheme being announced in Parliament in the 2014 budget.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2z9swaG
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