In a report tabled in Parliament on August 31, 2018, the committee called the RBI norms “unrealistic and unwarranted” and called for keeping them under suspension in the light of the challenges faced by the banking sector, particularly PSU banks.
A draft of the report was prepared and circulated in previous tenure of the panel, but now the committee has been reconstituted so it will again be circulated, a member of the panel said on condition of anonymity.
The former Union minister said that Rahul's taking over would be a game-changer for the party. "He (Rahul) should immediately take over as Congress president. That's good for the party, good for the country," Moily told reporters.