Sunday, June 15, 2014

Hunt For Capital

.........However HN Sinor, a veteran banker who served on numerous RBI committees and headed the Indian Banks Association, says the ultimate aim should be for government to divest its stake substantially from the stateowned banks. "My personal opinion is that the government cannot keep pumping in cash into these banks year after year," he said. "They have to take the decision to reduce the stake below 51%. Any other measure will be temporary." ...........




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