Jul 30, 2017 21:53:16 (IST)
With the entry of private sector banks, we have kind of forgotten that prior to the reforms there was no lending for consumer durable, no retail lending. Very little housing finance lending. Private sector banks when they came in, they started all these "new products" and interesting thing is that then public sector banks responded. So now actually you can get these loans from all the banks, says Rakesh Mohan.