Montek Singh Ahluwalia on Mapping the Journey of Policy Reform with a Policy Reformer
Ideas of India
The Difficulty of the RBI in Regulating Public Sector Banks
The Reserve Bank has shown its muscle when it comes to private sector banks because they have deemed certain people unfit to be CEOs. They've never done that for a public sector bank, no matter what scams have emerged. And the principal reason for that is that they don't have that regulatory control.
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