New tech and strong corporate governance needed to check frauds
"Banks, especially public sector banks, require a systematic overhaul related to ownership, management and regulations. PSBs'' gross NPAs have risen from 4.6% in March 2015 to 9.6% in March 2017", opines Mr Chandrajit Banerjee, Director General, CII in his article in The Indian Express on 27 February 2017.
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