India has to clean up its finance sector ‘fast’ to see stronger growth, ex-central bank chief says
India needs to clean up its troubled financial sector fast in order to get economic growth back on track, says a former governor of the Reserve Bank of India, Raghuram Rajan.
Rajan served as RBI governor for three years — from Sept. 2013 to Sept. 2016. During his tenure, the central bank told troubled Indian lenders to clean up their books, which included identifying non-performing assets.
“There’…
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