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Home » Tag Archives: India’s central bank stressed with large banking sector balance sheets

Tag Archives: India’s central bank stressed with large banking sector balance sheets

RBI Governor Urjit Patel suggests merging public sector banks

NEW YORK: RBI Governor Urjit Patel has said the Indian banking system could be better off if some public sector banks are consolidated to have fewer but healthier entities, as it would help in dealing with the problem of stressed assets. “As many have pointed out, it is not clear that we need so many public sector banks. The system ... Read More »