Resolving India's banking crisis: T T Ram Mohan & C Rangarajan

Resolving India’s banking crisis - C Rangarajan & T. T. Ram Mohan
Posted online comments:

"The article is a timely wake-up call for GOI, RBI and everyone else including taxpayers and depositors who have responsibilities and stakes in the Indian financial sector.
Here is a professional and unbiased assessment of the present status of banking system together with a prescription on which future rescue operations and restoration of health can be based.
The deft analysis of the genesis of the present crisis and the loud and clear message that there's no "surgical strike" solution in sight woven into the piece makes it a strong base from which policy makers in Delhi and the banking regulator in Mumbai can take their joint rescue efforts forward.
M G Warrier, Thiruvananthapuram"


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