ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Weak Banks: A Strategy for Self-Renewal

The two approaches to 'weak' public sector banks, represented by the reports of the Verma Committee and the Task Force of the CII, have provoked high-pitched reactions. What is important, however, is that the different stakeholders - the government and the Reserve Bank, the managements of the banks and the unionised employees - agree on a framework within which the banks could be attempted to be rehabilitated. Three ground rules are suggested here for the purpose.



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