Context: All models of bank ownership and governance have bugs and features
Issue with Indian Banks:
Challenges in dealing with the issues:
Way to fix Indian banking: Require both Skill and Luck!
Conclusion: As poet Ramdhari Singh Dinkar wrote: Kshama shobhiti us bhujang ko jiske paas garal ho (Benevolence only befits snakes that have venom), motivates for building big Indian banks as an important strategic priority when five of the world’s top 10 banks are Chinese.