Sunday, May 26, 2013

Chidambaram's palaver

Presiding over a Canara Bank function on 25th May, the Finance Minister lamented that our financial institutions are lacking capacity to handle rising volumes. This is indeed an enigmatic statement that is not borne out empirically.

He also asked rhetorically, "In the senior level (in financial institutions), are employees able to take up multi-task?" One expects more meaningful observations from a Harvard-educated minister.

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