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Maroc Maroc - WN.COM - Entertainment - 07/Mar 21:09

India’s accountability puzzle: Who’ll regulate the regulator?

<p>The recent arrest of the Fino Bank managing director in Bengaluru over allegations that sensitive data was siphoned from a fintech partner’s accounts, causing a revenue loss of over Rs 12 crore, has barely attracted media attention. This is despite the bank clarifying that the matter concerned external programme managers and business partners, not its own GST compliance. A few years earlier, in Jaisalmer, a former public sector bank chairman was arrested over allegations about the sale of a defaulted property to an asset reconstruction company – a transaction approved and reviewed at lower levels.</p>.<p>While no one argues that wrongdoers should not be punished, the...

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Comment on Why some of Australia’s energy market conventions should go the way of the dinosaurs by Eric Olthwaite

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