Wednesday, August 14, 2013

Subbarao explains why 'too-large-to-fail banks' are dangerous for ...

Citing the 2008 credit crisis, which was triggered by too-big-to-fail banks , Subbarao said, we don't need monopolies, instead we need four-five banks of big size, as large banks can become too-big-to fail, leading to moral



Subbarao explains why 'too-large-to-fail banks' are dangerous for ...

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