Thursday, December 20, 2012

We Need Larger Banks, not Necessarily More: Kidwai

....The larger issue is whether our banks are growing fast enough to support trillion dollars of investment in infrastructure. There’s no way our banks can support it at their current level of growth. We need larger banks, not necessarily more banks. To get larger banks, we need to allow them to go out and get equity. Government-owned banks will have an issue, as by virtue of their ownership, they have to get funds from the fisc......

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