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Ep 352: The Bankable Wisdom of Harsh Vardhan
The Seen and the Unseen - hosted by Amit Varma
Banking's Role in Supporting Real Economic Activity
Banking is a result of people's need for real economic activity. It should be designed to support this activity. In the past, banking evolved to support local farmers. The state and banking system have a grand bargain where the state provides funding in exchange for something from the banking system. This is discussed in the book 'Fragile by Design' by Kalomari Srinhabar.
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