What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans
New Delhi: Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets – post the global financial crisis – on Indian banks’ books, former Reserve Bank chief Raghuram Rajan said Wednesday in an interview with an online newspaper. Mr Rajan, the RBI Governor from 2013 to 2016, said…
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