Regulators against bankers, insurers trading in commodities: Tuhin Kanta Pandey
Mumbai: India's banking and insurance regulators are against allowing lenders and insurers to trade in commodity markets, said Tuhin Kanta Pandey, chairman of the Securities and Exchange Board of India (Sebi), on Monday. The Reserve Bank of India and Insurance Regulatory and Development Authority of India (IRDAI) were not 'favourably inclined' to permit banks and insurance companies to participate in…
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