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51: #HTLS2020 | Corporates owning banks: FM Nirmala weighs in on debate
Manage episode 288632785 series 2902483
A tartalmat a Hindustan Times Leadership Summit Highlights and Hindustan Times - HT Smartcast biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a Hindustan Times Leadership Summit Highlights and Hindustan Times - HT Smartcast vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.
Union Finance Minister Nirmala Sitharaman commented on the debate sparked by a report of an Internal Working Group of the Reserve Bank of India. The IWG's favourable view on corporates owning banks has led to a chasm between commentators on the financial sector, with some in favour and some vehemently opposed to the recommendation. At the 18th edition of the Hindustan Times Leadership Summit, Sitharaman said that this discussion was not new, and many non-banking financial companies had been given permission to start banking operations in the past.
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