TP Sreenivasan
Spending borrowed money on unproductive projects is a curse
Private banks must be held accountable for them to serve the public interest
It is necessary to privatise nationalised banks or at least bring down government shareholding to less than 50 per cent
It’s time for a wide range of reforms, with no option kept off the agenda, not even the privatisation of banks. Open takes a close look at what’s wrong and what can be done