FM asks Finmin to implement financial reform panel views

Reforming the regulatory architecture of the Indian financial system is too modest a description of the Financial Sector Legislative Reforms Commission headed by B.N. Srikrishna, whose report is now in the public domain. Not only has the FSLRC sought to ...

The 10-member Financial Sector Legislative Reforms Commission (FSLRC), led by Justice B N Srikrishna, has proposed to have as many as seven regulatory agencies to oversee the sector, putting the idea of a super regulator on the back burner for now.

The Financial Sector Legislative Reforms Commission wants to restructure, or effectively dismember, the RBI by arguing that it has too much on its plate.

The Financial Sector Legislative Reforms Commission (FSLRC), which submitted its report recently, has been accused of taking away decision making power from the Reserve Bank of India (RBI) and thrusting it into the hands of the government.

Unlike many government-appointed commissions, this is a landmark one in many ways, with a mandate to rewrite and clean up financial sector.

Vice-President of the European Commission, EU Justice Commissioner NATO Parliamentary Assembly/Luxembourg The Internet is the infrastructure of the modern age. It accounted for more than 20% of GDP growth in the world's major economies over the last ...

PRESS INFORMATION BUREAU GOVERNMENT OF INDIA *** P. CHIDAMBARAM'S SPEECH AT ICSI SEMINAR ON INDIAN FINANCIAL CODE New Delhi, Jyaishtha01, 1935 May 22 , 2013 The Union Finance Minister P. Chidambaram has said that multiplicity of Institutions and ...

Calls for reinvention of the system to shape a more trustworthy future of finance that better serves society John Rogers, CFA, president and CEO of CFA Institute, today called for an overhaul of six key areas in the financial industry to restore ...

Yashwant Sinha heads Parliament's Standing Committee on Finance In the wake of by the multi-crore Saradha Group scam in West Bengal, Parliament's standing committee on finance today decided to summon Reserve Bank of India (RBI) Governor D Subbarao ...