It is in the interest ofthe States (which do not control the currency and repo rates) to work closely with the banking sector to ensure that the lifeblood of credit reaches everyone in a timely manner, Finance Minister Palanivel Thiaga Rajan said.
Delivering the keynote address at the Confederation of Indian Industry’s event, ‘The India Finance Forum (TIFF) 2022’, he pointed out that the Indian banking system and debt market needed a lot of improvement.
The 12th edition of TIFF was held virtually, on the theme: ‘Beyond Resilience: Turnaround & Transformation’.
