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Corporates To Run Banks: Raghuram Rajan, Viral Acharya Raise Red Flags On RBI's Proposal
Raghuram Rajan and Viral Acharya on November 23, Monday criticised the Reserve Bank of India's Internal Working Group's recommendation to permit Indian corporate houses to set up banks as part of suggested changes to the banking sector.Raghuram Rajan, a former RBI governor, and Viral Acharya, a...