RBI Has "Wide Ranging Powers" To Deal With Banks: Government

The powers include inspection of lenders, examining an oath by any officer, direct special audit and give directions to banks.

All India | | Updated: July 24, 2018 23:26 IST
RBI Has 'Wide Ranging Powers' To Deal With Banks: Government

RBI Governor Urjit Patel sought more powers to deal with the problem of bad loans at public sector banks.