Financial Express
In his guest column for Financial Express, BCG’s Janmejaya Sinha outlines a new ownership model for Indian public-sector banks that he believes will soften the economic impact caused by the pandemic. He asserts that the best option is for the government to become the single largest owner of nationalized banks instead of being a majority owner. He writes that such a model could “marry the stability of government ownership with the dynamic pressure of market forces seeking efficiency and profitability.”