Role of Debt In Society Explained by RBI Chief Raghram Rajan at IIT Delhi Convocation

RBI Governor – Raghuram Rajan believes dispassionate lending, helps in better debt recovery. He also observed that in times of slow growth, banks are reluctant to acknowledge bad loans. These are observations coming at a time when the bad loan mess in the Indian banking system seems to be at its worst. Let’s listen in to the man himself

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