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RBI is ahead of the curve, govt and bureaucracy behind: Viral Acharya

RBI is ahead of the curve, govt and bureaucracy behind: Viral Acharya

Last Updated: Jul 30 2020 | 10:27 AM IST

Former RBI deputy governor Viral Acharya, who has in his latest book, Quest for Restoring Financial Stability in India, described how fiscal dominance is the biggest bane of the banking system in the country, tells Tamal Bandyopadhyay in an interview why some weak public sector banks should be “re-privatised” and foreign banks should be allowed a larger play