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No guarantee that public sector ownership will improve governance at banks: Uday Kotak

fes, Finance

No guarantee that public sector ownership will improve governance at banks: Uday Kotak

 

Amid rising frauds in banking and conflict of interest allegations against ICICI Bank’s Chanda Kochhar, banker Uday Kotak has said it is “naive” to think diversified or state ownership is a panacea for good governance as lenders.

 

-PTI

 

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