Moneylife » Slow pace of reform could lead to greater risk in banking system, says Rajan 43210 Slow pace of reform could lead to greater risk in banking system, says Rajan 0 Comments, Be the first to comment According to the RBI Governor, wherever possible, we have to move steadily but firmly, ever expanding the scope of reforms while always limiting the uncertainty they create The Reserve Bank of India (RBI) Governor Dr Raghuram Rajan has said the current stress in the banking system suggests that the real economy will not wait for the banking system, and a slow pace of reform could lead to greater, rather than lower risk residing in the banking system.
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