Ever since Mr. Raghuram Rajan took over as the head of the Reserve Bank, economists and experts from world over expected him to help transform the Indian Banking Industry into a world class one. For almost 2 decades now, we have been considered an Emerging Market for all intents and purposes and unless we did radical improvements, we are going to stay that way for the foreseeable future.
RBIs New Interest Rate Formula for Loans
Ever since Mr. Raghuram Rajan took over as the head of the Reserve Bank, economists and experts from world over expected him to help transform the Indian Banking Industry into a world class one. For almost 2 decades now, we have been considered an Emerging Market for all intents and purposes and unless we did radical improvements, we are going to stay that way for the foreseeable future.
