Privatize PSBs, scrap DSB: Rajan, Acharya

Former central bankers Raghuram Rajan and Viral Acharya have authored a document on banking sector reforms wherein they have called for `re-privatising’ some public sector banks and dismantling the department of financial services. Most of the reforms proposed have been made in the past by various committees including the PJ Nayak committee on banking reforms.