A government with a strong mandate like the Modi-led NDA 2 hasn’t signalled so far that it has the desire or the appetite to go down that road. A government with a strong mandate like the Modi-led NDA 2 hasn’t signalled so far that it has the desire or the appetite to go down that road. The Indian Banks Association, too, had protested a while ago after senior officials of the Bank of Maharashtra were arrested by the state police and following several cases dating back a decade or more being filed by agencies. A government with a strong mandate like the Modi-led NDA 2 hasn’t signalled so far that it has the desire or the appetite to go down that road. It is a fact that the seeds of the current mess in Indian banking were sown during UPA 2 but that doesn’t absolve the Modi government which was late in addressing the crisis during its first term.

Source: Indian Express December 30, 2019 18:45 UTC