Raisi Wants CBI to Discipline Banks

President Ebrahim Raisi has called on the Central Bank of Iran to take early action to bring dysfunctional banks and credit institutions into line.  
“Drawing on existing legislation, the CBI must take immediate action against poorly performing banks and credit institutions,” Raisi said at a meeting of the Government Economic Coordination Headquarters late on Tuesday. 
He singled out lenders whose questionable record has led to the explosion of money supply, which by extension has led to high and rising inflation unseen in Iranian history.