Surprise move: RBI staff union backs Governor Urjit Patel for work on solving bad loan, PSB problems

The employees union of the Reserve Bank has, in a surprise move, backed governor Urjit Patel's for his stern action to stem the bad loan problem and other ills plaguing the public sector banks, and urged him, in a letter, to continue to actively monitor banks as an 'alert inspector' and not just as an 'off-site surveyor'.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2Mtf4nh