The Indian Competition Authority dismisses allegations of collusion between the central bank and 19 other banks and concludes that the banks’ similar safety locker policies are common practice and not a result of collusion (Reserve Bank of India)

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Indian Competition Authority, Reserve Bank of India, Decision No. 23/2017, 23 August 2017

CCI dismisses allegations of cartelization against the Reserve Bank of India and 19 other banks* The CCI vide order dated August 23,2017 dismissed allegations of cartelization against RBI and 19 other banks. (“Opposite Party banks”) It was alleged that the Opposite Party banks do not undertake any responsibility/liability for any

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  • Vaish Associates Advocates (New Delhi)
    India 263 contributions 40589 visits

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Man Mohan Sharma, The Indian Competition Authority dismisses allegations of collusion between the central bank and 19 other banks and concludes that the banks’ similar safety locker policies are common practice and not a result of collusion (Reserve Bank of India), 23 August 2017, e-Competitions August 2017, Art. N° 87517

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