A heady decoction

.....“Why a bank executive sells you insurance or puts a retired person’s savings into mutual fund, which could prove disastrous? There are 100 articles about it but if you are told in what is the motivation of the person and what are the long term consequences of it, it creates an impact. It is fiction with a purpose. I was pleasantly surprised when a senior RBI official in his address to bankers asked how many of them had read The Incredible Banker. Can they take solace from the fact that what Ravi says is fiction or can it happen in real life?” Having said that, Ravi finds Indian banking more stable than global banking. “It is largely because our regulators are stronger and are not swayed by commercial interests.”......

Read - The Hindu n