Public sector banks might perform better if they are freed from some constraints but such freedom requires distance from the government, said former RBI governor Raghuram Rajan. He also said there is no guarantee that privatisation will be a panacea. "Much of the discussion on privatisation seems to make assumptions based on ideological positions," he said.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2L07D9u
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