15 days ago
Moneycontrol
With the recent trend of more banks moving towards retail lending, he advised against complacency as banks across the world tend to find 'ways of getting into trouble'. Raghuram Rajan: Well, I think this year you have to be careful about the numbers. Raghuram Rajan: If 5% is the incremental growth over the last few quarters, I'd say we should try and beat that. The area of concern which I think the RBI also has is really core inflation, which still is quite strong. The problem with banks across the world is that they find new ways of getting into trouble over time.
Continue reading...
