1. What are the arguments in favor of allowing large corporates to own and operate banks Provide examples from other countries.

• The text states that India’s bank balance sheet is less than 70% of GDP.
• Domestic bank credit to the private sector is only 50% of GDP.
• Government-owned banks struggle with NPAs.
• Government finances are strained, limiting growth push via public banks.
• Large corporates have deep pockets to fund India’s future growth.
• The text does not provide examples from other countries.