
209: Neeraj Monga – Contrarian Stances on Fundamental Inflection Points
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The Indian Banking System Is Under Intense Scrutiny
The Indian banking, anything can be common practice and that's why right now if you look at the entire Indian banking system, it has been under intense pressure. So to the extent King Fisher is just an indication of all the other shenanigans that banks have been undertaking in India, it's evident for everyone to see. Even the last governor of the Reserve Bank of India Dr. Shri Ravi Agrawal was not happy with what he saw as a pattern of over-borrowing by public sector banks.
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