%A Ajit Ranade
%T Bringing banks back from the brink
%! Bringing banks back from the brink
%X The perception of safety of deposits in public sector banks is because of an implicit guarantee that the main “owner” or shareholder, i.e. the government of India, will never allow a PSB to go belly up. Depositor money is thus “safe” in a PSB and, as records reveal, no PSB has been allowed to fold up, nor has
%U https://www.thebillionpress.org/columns/economy/bringing-banks-back-brink-1265