ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Are Our Regulators Imaginative?

The recent Saradha ponzi scam in West Bengal and the proliferation of such dodgy small-depositor fi nancial schemes in other parts of the country point to the inadequate role of fi nancial regulators. Despite ample examples of the misery they cause, the regulators have not yet responded to the challenges, leaving poor investors at the mercy of the scamsters.

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