Foreign banks takeover India: Iceland V 2.0?
Money control.com / FT.com 18 Nov 2013 Raghuram Rajan urges `dramatic remaking` of India`s banking system India’s central bank governor Raghuram Rajan is planning a “dramatic remaking” of banking in Asia’s third-largest economy, with an expanded role for foreign groups, more licences for domestic private sector institutions and a push to shake-up state-backed banks in…