The committee on capital account convertibility has recommended a uniform regulatory system for banks and non-banks, particularly financial institutions (FIs) in relation to prudential norms, market participation, reserve requirements and the interest rate regime.
Gujral woos quota lobby by inducting 4 women
Prime Minister I K Gujral got his own back on the hidebound opponents to the women's reservation bill when he inducted four women into his Council of Ministers yesterday.
Final decision on petro price hike on June 15: PM
The Prime Minister, Inder Kumar Gujral, said that a final decision about hike in prices of petroleum products would be taken by the United Front steering committee on June 15.
Advani dares Centre to seek people's mandate on quota