By Seela Subba Rao Recently, former chairman of SBI, Rajnish Kumar, opined that in a country like India, allowing corporate houses to own banks is fraught with great risks. He advocated that the banks should be rightly owned and professionally managed. Similar views were echoed by former RBI Governor Raghuram Rajan as well as former […]
The soaring NPAs, despite several interventions like Dispute Resolution Tribunals, Asset Reconstruction Companies and Insolvency and Bankruptcy Code, now get another pill