Wanted—some policy paralysis in banks4 min read . Updated: 20 Dec 2012, 01:51 PM IST
It will do banks a lot of good to inflict some policy paralysis on themselves in the present environment
Have you wondered why there has never been policy paralysis within banks, notwithstanding the government ownership of 70% of assets? We are taking a sharp fall in loan growth (disclosed every fortnight by the Reserve Bank of India, or RBI) as a proxy for policy paralysis, since lending is the most critical decision for banks to make.
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