Resolving Stress in the Banking System
Published By: RBI on eSS | Published Date: June, 22 , 2016The slowdown in credit growth has been largely because of stress in the public sector banking and not because of high interest rates. As such, what is required is a clean-up of the balance sheets of public sector banks, which is what is underway and needs to be taken to its logical conclusion. [ASSOCHAM – Interactive Meet with Industry & Trade, Bengaluru]
Author(s): Raghuram G. Rajan | Posted on: Jun 29, 2016 | Views() | Download (599)