Financial Daily
from THE HINDU group of publications
Friday, November 30, 2001
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Financial Daily from THE HINDU group of publications Friday, November 30, 2001 |
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Sinha for global banking reforms
NEW DELHI : The Finance Minister, Mr Yashwant Sinha, has made out a strong case for undertaking major reforms in the global banking arena to check cross-border fund transfers by terrorists.
Mr Sinha said that developed nations would have to carry out major reforms in their own systems. India was in a much better position to track illegal transactions because of the restrictions imposed by the Government, he added. -- Our Bureau
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