Dependable Indian Banks

The credit goes to the RESERVE BANK OF INDIA. Despite pressures from the Govt RBI maintains operational autonomy and ensures that the banking system adheres to the regulatory prescriptions.  The banking  system  can  can do better provided the borrowers could be disciplined a little more and NPAs are brought under manageable levels or fully liquidated through some inbuilt mechanism . This is possible and RBI has to be a little bold to to take the initiative.  Dr.T.V.Gopalakrishnan This comment appeared in Economic times in response to a write up Indian Banks can be trusted A survey in Economic Times dated 26/1/13