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RBI Deputy Governor

RBI Warns Banks on Leveraged Commodity Risks!

Rajeshwar Rao, the deputy governor, emphasizes that the capital markets’ excitement regarding derivatives and unsecured loans has raised a few concerns. According to Reserve Bank of India Deputy Governor Rajeshwar Rao, financial institutions need to make certain that their clients are fully aware about the dangers associated with leveraged products and speculative investing. He also…

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