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Bankers' pay cheques now under RBI scrutiny
If you are a private or foreign banker, Big Brother will keep a watch on your salary structure. The Reserve Bank of India (RBI) on Friday came out with a set of stringent guidelines to govern remuneration paid by private and foreign banks. The purpose: to avoid a "perverse" salary structure - a key reason for the global financial crisis of 2008. Apart from linking salaries to profitability and the
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