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51: #HTLS2020 | Corporates owning banks: FM Nirmala weighs in on debate
Manage episode 288632785 series 2902483
Hindustan Times Leadership Summit Highlights and Hindustan Times - HT Smartcast द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Hindustan Times Leadership Summit Highlights and Hindustan Times - HT Smartcast या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.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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