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Professor Viral Acharya is interviewed about banking reform in India

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Excerpt from Bloomberg Quint -- "'The big piece of the problem is can you get the bank to sell the assets at the right price to ARCs (asset reconstruction companies) and private investors who want to come in? How to get that right price by using a portfolio or a bad bank approach is going to be key. We are going to be thinking about what kind of design could help with that,' said RBI deputy governor Acharya on Wednesday."

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