Postmortem easier than action: Jaitley takes dig at Rajan
Taking a dig at former RBI Governor Raghuram Rajan for his report on bad loans, Finance Minister Arun Jaitley said that a "postmortem is easier than taking an action when required". Rajan had cautioned that the next banking crisis could come from loans given to Micro, Small and Medium Enterprises (MSME) sector, Mudra loans, and Kisan Credit Card scheme.