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RBI has enough powers to increase capital norms: Ex-RBI Deputy Guv KC Chakrabarty
(G.N.S) Dt. 16 New Delhi Under its current powers, the Reserve Bank of India (RBI) can increase capital adequacy ratio (CAR) of public sector banks based on its risks and direct a framework where the credit appraiser does not interact with the loan borrower, according to former RBI Deputy Governor