Wednesday, April 10, 2013

Beyond banking and insurance

........Anand Sinha, Deputy Governor, Reserve Bank of India said, "Banking has thrown up a large number of complex issues in the last four to five years. In India, the financial system is dominated by banks we are trying to develop the corporate bond market in particular in order to diversify the funding channels. In the future, the banking system will remain the predominant funding channel in India. The Indian economy is a large and growing economy and the financial system is becoming increasingly open.............

Read - ET

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