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INFO LEAK FROM RBI?



A hunt is on to track down men suspected to have leaked the discussions of a closed-door meeting this week between Reserve Bank of India (RBI) deputy governor Viral Acharya and a dozen senior fund managers and bankers. 

Bond prices dipped soon after the meeting on Monday, with security yields further hardening after a news agency report linked the price movements to views purportedly expressed by Acharya. 


The media leak and trades by select institutions (which could have been privy to what was discussed) have not gone down well with the RBI top brass. Officials from the regulator are understood to have voiced their displeasure to Deutsche Bank, which organised the meeting between Acharya and its top clients. 

Finding itself in a spot, rather unwittingly, the German bank has reached out to all the participants in the meeting -explaining the situation as well as pointing out in its emai .. 


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