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Banking sector to undergo major changes in next few years, says Raghuram Rajan

Banking sector to undergo major changes in next few years, says Raghuram Rajan

Reserve Bank of India Governor Raghuram Rajan made the statement during a convocation ceremony at a banking institute established by the central bank near Pune.

Reserve Bank of India Governor Raghuram Rajan (Photo: Reuters) Reserve Bank of India Governor Raghuram Rajan (Photo: Reuters)

Banking sector will undergo major changes over the next few years while the derivatives market will also become more vibrant, Reserve Bank of India Governor Raghuram Rajan said on Friday.

Rajan was adressing students during a convocation ceremony at a banking institute established by the central bank near Pune.



(Reuters)

Published on: Apr 10, 2015, 1:11 PM IST
Posted by: Trupti Agarwal, Apr 10, 2015, 1:11 PM IST