RBI Joins Govt’s Battle Versus Defaulters
  • Ekta Tibrewal
  • Sep 05 2013

“The promoters do not have a divine right to remain in a company after mis-managing it,” said the new RBI Governor Raghuram Rajan. Financial Services Secretary Rajiv Takru says that the Govt is very happy with the new RBI Governor's comments on defaulters, adding that the battle against wilful defaulters who keep coming back asking for money will only get stronger now.