Thursday, July 11, 2013

Drastic step or careless move?

.............Biswa Swarup Misra, an economist and banking expert, blames the stakeholders of RRB for its poor performance. In 2007, Misra presented a paper on the performance of RRBs to the Reserve Bank of India. ‘RRBs could have done better had sponsor banks played a proactive role in guiding them and state governments provided conducive banking environment,’ says Misra.............

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