Editorial with Sujit Nair: What Happens If Corporates Own Banks?
Raghuram Rajan, the renowned economist and former governor of Reserve Bank of India, and Viral Acharya, a former deputy governor of RBI, have said criticized the RBI Internal Working Group’s recommendation to allow Indian corporate houses to set up banks as part of proposed changes to the banking sector. The economists said the proposal is a “bad idea”. In a note published on Monday on LinkedIn, they said: “It will further exacerbate the concentration of economic (and political) power in certain business houses.” In this episode of the Editorial our Managing Editor Mr Sujit Nair shares his take on the matter."
#RBI #AllahabadHC #RaghuramRajan #ViralAcharya
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Видео Editorial with Sujit Nair: What Happens If Corporates Own Banks? канала HW News English
#RBI #AllahabadHC #RaghuramRajan #ViralAcharya
SUBSCRIBE to HW News English Here ► http://bit.ly/Subscribe-HWNews-English
Download the HW News Network free app available on Android and iOS: http://onelink.to/bpk42n
For NEWS and POLITICAL updates in English. Send us a ‘Hi’ on our Whatsapp Number - 9820918578
#HWNewsEnglish #HwLatestNews
For advertising related queries write to us at sales@hwnews.in
Connect With Us On:
→ Facebook: https://www.facebook.com/hwnewsenglish/
→ Twitter: https://twitter.com/hwnewsenglish
For More Videos Visit Here:
https://hwnews.in/
Видео Editorial with Sujit Nair: What Happens If Corporates Own Banks? канала HW News English
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