 "telecom, vodafone tax, retrospective tax, arbitration, taxation")
The Reserve Bank of India on Monday deferred the monetary policy committee meeting, scheduled to start on September 29. While the central bank did not give a specific reason, it is possibly because of the delay in the appointment of three external members. Meanwhile, the central bank allowed the Lakshmi Vilas Bank to be run by a three-member committee of directors alongside the bank’s senior management after its shareholders refused to allow seven Board members and the CEO to continue in their positions.
Business Standard opinion pieces for the day, among other things, talk about the issues related to Lakshmi Vilas
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