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November 22, 2016

MUMBAI: Meeting at RBI with Dr Urjit Patel, Governor, Mr S S Mundra, Deputy Governor and Mr N S Vishwanathan, Deputy Governor along with Dr Anand Shrivastav, Chairman BCFI. Dr Shrivastav offered support of the federation in the demonetisation drive as also presented ideas to bring convenience to public at large. Dr Shrivastav also appraised Dr Patel the not only the issues facing the BC sector but also solutions to the same, besides the various programmes being implemented by the federation. Based on the discussions, the federation would submit to RBI a discussion paper with draft guidelines for White Label BCs (WLBCs) with model agreement, as also propose a harmonized Economic Unit for BC Deployment.