Soaring profits are no reason to go slow on banking reform
India’s privatization of public sector banks has a long way to go. With IDBI Bank’s sell-off languishing, this policy needs a push. Regardless of profits, PSBs would serve the economy better under wide private ownership than under the government.
India’s privatization of public sector banks has a long way to go. With IDBI Bank’s sell-off languishing, this policy needs a push. Regardless of profits, PSBs would serve the economy better under wide private ownership than under the government.