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2) The P.J. Nayak committee, constituted by the RBI, came to a quick conclusion in its report that the problem at PSBs was fundamentally one of governance. Looking at the present bad loan crisis, do you agree with this conclusion? In your opinion, how can government solve present crisis in the Indian banking sector? Critically discuss

Topic: Important aspects of governance, transparency and accountability

2) The P.J. Nayak committee, constituted by the RBI, came to a quick conclusion in its report that the problem at PSBs was fundamentally one of governance. Looking at the present bad loan crisis, do you agree with this conclusion? In your opinion, how can government solve present crisis in the Indian banking sector? Critically discuss. (200 Words)

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