# In an interview, Dean Raghu Sundaram shares his views on financial risk management and volatility

1 Faculty News February 16, 2018 ![](/sites/default/files/styles/246w/public/assets/images/con_033846.jpg?itok=AAIDeL72)>

Excerpt from [MoneyControl](http://www.moneycontrol.com/news/business/economy/pnb-fraud-privatise-more-banks-says-stern-school-of-business-dean-rangarajan-sundaram-2509197.html) -- "Is there any good ideological reason for holding on to nationalised banks? My personal opinion again, probably not. I think one of the things that a nationalised bank has is this implicit safety net that the government is going to bail us out anyway. So somewhere I read recently that of the USD 200 billion of impaired loans in the system is something like a 180 billion are in various public sector banks which makes the recent recapitalisation of USD 32 billion seem like if not a drop in the ocean, at least - inadequate."

[Watch the video](http://www.moneycontrol.com/news/business/economy/pnb-fraud-privatise-more-banks-says-stern-school-of-business-dean-rangarajan-sundaram-2509197.html)