Reserve Bank of India (RBI) will realign its internal supervisory process by end August, 2008 to enhance the effectiveness of consolidated monitoring of financial conglomerates.

<tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		</script> </DIV><p class='TableClas'>Such consolidated monitoring is expected to deal with the moral hazard associated with the 

Supervision of financial conglomerates on the cards

MONETARY POLICY 2008-09/ POLICY AND THE FINANCIAL SECTOR

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