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The center also worries about bank lending instructions to banks that have huge uncollectible debts.
New Delhi: A crucial meeting of the Reserve Bank of India's board of directors will be held today, as the government proposed to change the rules to strengthen the supervision of the country's central bank. This decision will give the board a supervisory role that, according to critics, is already filled with men from the government. While the move is perceived as a heightened tension between the center and the bank, sources said efforts were being made to find common ground and that it is unlikely that the bank chief , Urjit Patel, resigns.
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