Several banks, along with industry bodies representing money and currency market dealers, met on Wednesday to discuss the probable fallout on financial markets if the RBI and the European Securities and Markets Authority (ESMA) fail to sort out their disagreement.source https://economictimes.indiatimes.com/industry/banking/finance/banking/indian-banks-fear-fallout-of-esma-rift-on-markets-plan-to-move-rbi/articleshow/96093841.cms
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