RBI says no change in G-sec trading norms
By Our Banking Bureau | 14 May 2002
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Speaking to newspersons after releasing the India Development Report-2002 (IDR-02) of the Indira Gandhi Institute of Development Research, Jalan said the fraud (in gilts trading by cooperative banks) is being dealt with as per law. State governments are in touch with cooperative banks and they will have to take appropriate action.
About setting up an apex body to oversee cooperative banks, he said: The government is considering that and it is up to it to decide.