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Visakhapatnam, October 18, 2005

The All India Bank Officers Confederation (AIBOC) has decided to present a comprehensive report as a viable alternative to the current reforms in the financial sector that failed to fulfill the aspirations and expectations of common man.

A ten member Independent Commission on Alternative Banking and Financial policy comprising of eminent economists and those related to the banking sector been constituted. It has already submitted its interim report. The final report is expected to be ready by next month according to AIBOC general secretary Shantha Raju.

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