Abhijit Banerjee flags concern over banking crisis

Nobel laureate Abhijit Banerjee on Tuesday flagged concerns about banking crisis in India and called for aggressive changes to deal with the situation. Banerjee said there is need to bring down stake of the government to below 50 per cent in banks so that the decisions are taken without fear of Central Vigilance Commission (CVC).

from Times of India https://ift.tt/2JfPpyy