Argue for and against the privatisation of Public Sector Banks in India. What do you think is the need of the hour to reform the Indian banking scenario. (250 Words)

Mentors Comments: 1. Discuss the proposal of privatization being mooted by several committees and economists. 2. What are the benefits of the proposal? What challenges does it pose? 3. What are the immediate steps to be taken to address Banking sector challenges? https://www.livemint.com/opinion/online-views/opinion-the-case-for-privatizing-public-sector-banks-1567967550243.html   Answer: Public Sector Banks (PSBs) in India is fragmented, with some … Continue reading Argue for and against the privatisation of Public Sector Banks in India. What do you think is the need of the hour to reform the Indian banking scenario. (250 Words)