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CNN - IBN

Monday, September 8, 2008

RBI warns of assets & liabilites mismatch

Expressing concern over the tendency of some banks to lend too much compared to their sources of funds,, the reserve bank warned that it may start supervisory review of these banks. Indian Banks Association, Chairman said the RBI's caution to banks came as too much credit expansion would nullify the effect of RBI's tigher monetary slance of RBI.

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