RBI's Reddy on the role of accountants

In the speech 'Role of accountants in fostering economic growth' given on 19 January Dr YV Reddy of the Reserve Bank of India said the relationship between the RBI and the Institute of Chartered Accountants of India has been mutually reinforcing, where both can draw on each other's strengths and contribute to an efficient and stable financial system.

"I am happy to state that we have decided to constitute a small group comprising the representatives of the RBI and the ICAI who can meet at regular

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