Banks are ripping off Consumers in many ways, will Narendra Modi and FM Arun Jaitely question bankers? - Moneylife

Banks are ripping off Consumers in many ways, will Narendra Modi and FM Arun Jaitely question bankers? - Moneylife

My VIEW:

ALL the issues raised here are very relevant and
deserve attention from the elite group of bankers and policy makers who will be
in attendance at the proposed interaction which has also been termed ‘brainstorm
session’ by a section of the media. Having said that I view it from a slightly
different angle.


 Both,
Prime Minister Modi and RBI Governor Rajan are good listeners and have a
practical approach to issues. The coming together of these two and the Finance
Minister for interaction with the bankers and the ‘Think Tank’ of the financial
sector, by itself sends out healthy signals. The signals include India’s
determination to move forward with reforms with all stakeholders on one page.
This is definitely a welcome change from the earlier practice of (a) mutual
blame game (b) top functionaries in government and organisations speaking out
their mind when they are at a reasonable distance from powerful people who may
have a different view or factor in controversial views only while speaking to
‘silent’ audiences. This is a welcome beginning.
M G Warrier, Thiruvananthapuram

Comments

surendran said…
congrats
December 31, 2014 at 9:04 AM
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