Needed: A hard policy reset to make Indian banks shape up
This doesnât sit well with Indiaâs image as a high potential tech-savvy economy. We need a highly efficient financial system to support Indiaâs aspiration to be a âdevelopedâ economy by 2047. A critical element of that is low intermediation costâbasically, the cost banks incur to connect savers and borrowers. Also Read: IndusInd saga: No escape…