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Ep 323: SVB, Banking and the State of the Economy

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

The Importance of Banking in the Development of India

Banks are an important mechanism for government to borrow as our pension funds and insurance companies. I think that where we are in India, we're many decades away from making financial economic policy work well. There is some really valuable stuff happening by way of bank privatization. But all credit to the government, they've privatized air India. It's like, wow, we would have expected this was truly hard.

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