BQ Exclusive: Is Corporate Entry Into Banking Being Suggested To Help Only A Few, Asks Raghuram Rajan
Raghuram Rajan, former governor of the Reserve Bank of India. (Photographer: Tomohiro Ohsumi/Bloomberg)

BQ Exclusive: Is Corporate Entry Into Banking Being Suggested To Help Only A Few, Asks Raghuram Rajan

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India can’t risk the greater concentration of economic and political power that may come along with the entry of large corporate houses into banking, said former Reserve Bank of India Governor Ragh...