Restructuring of PSU banks, approach to inflation key issues facing next government

Towards the fag end of the UPA government’s term, finance minister P Chidambaram left a critical decision to be taken on the approach to institutional and legislative changes in the financial sector to his successor.India’s new FM and government will have to decide whether or not they want to rock the boat and change the institutional structure which will see a whittling of regulators and a redressal mechanism for consumers and financial investors besides a resolution agency like in the West for distressed firms.


Disclaimer

The information in this private circulation is not legal advice and should not be treated as such. The information is taken from public domain and is purely for private and non- commercial purposes. We do not represent that the information is correct, accurate, complete or non- misleading.

This disclaimer will be governed by and construed in accordance with laws of India, and any disputes relating to this disclaimer will be subject to the exclusive jurisdiction of the courts of the Republic of India.

Leave your comment

*

code