Privatise select PSU banks, dilute role of DFS: Raghuram Rajan

"Re-privatization of select PSBs can then be undertaken as part of a carefully calibrated strategy, bringing in private investors who have both financial expertise as well as technological expertise; corporate houses must be kept from acquiring significant stakes, given their natural conflicts of interest," the paper said.

from Economy-News-Economic Times https://ift.tt/2EjAcgs