Govt vs RBI: Easing Lending Curbs for Banks Under Prompt Corrective Action May Bring More Pain

The recent tug of war is over the government’s contention that easing lending restrictions on some of these banks will help ease systemic liquidity crunch versus the RBI contention that continued restrictions will help these banks turn stronger in the long run.

from Top India News- News18.com https://ift.tt/2PUpwtu