The unraveling of Reliance Capital Ltd. shows why the Reserve Bank of India remains reluctant to allow big business groups into mom-and-pop banking, despite facing huge pressure to allow a wave of corporate capital into the industry and reignite credit growth. The financiers’ potential to do harm is lethal even without access to insured deposits.source https://economictimes.indiatimes.com/industry/banking/finance/banking/the-unraveling-of-reliance-capital-shows-why-rbi-hates-big-business-in-banking/articleshow/87996866.cms
No comments:
Post a Comment