Former RBI Gov. C Rangarajan stresses the need to preserve competition for banking efficiency

Former RBI Governor C Rangarajan discussed the need for enhanced competition and efficiency in India's banking system to support economic growth. He highlighted the importance of reducing non-performing assets (NPAs) and improving governance within banks. Rangarajan also emphasized the role of technology in transforming banking services and making them more accessible. His views underscore the need for ongoing reforms in the banking sector to ensure stability and growth.