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There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

To raise resources, give and take needed

We are in the middle of an incipient financial emergency, which can be triggered by a shock.

14 Feb 2017 1:20 AM IST