Any discourse on the banking system in India over the last few years has been dominated by topics such as asset quality, governance concerns, frauds and scams. The last few months, however, have seen the emergence of a few other issues of far-reaching significance and this article focuses on two such issues.
The first is the recent Union Budget announcement of privatisation of two public sector banks (PSBs). It would be naïve to read it as a signal of intent of the government to altogether exit the banking sector. That is not going to happen in a hurry for a variety
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