Too overmuch regularisation tin impact innovation, said C. Rangarajan, Former Governor of the Reserve Bank of India (RBI) and Chairman of Madras School of Economics.
Delivering the statesmanlike code astatine the 12th G. Ramachandran Memorial Lecture present by The Southern India Chamber of Commerce and Industry (SICCI), successful relation with the Madras School of Economics, helium said: “We request innovation. We request changes. We request to find caller answers to caller problems. Therefore, it is critically important that we bash that. But then, are innovations risk-free? Therefore, the large question earlier regulators astatine the apical level is to find a equilibrium betwixt making innovations hap and bounds regulation.”

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