THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications
Friday, July 13, 2001
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Letters

Banking and Finance
Misguided priorities
One is amazed at the alacrity with which the Centre and the Reserve Bank of India have granted Madhavpura Mercantile Co-operative Bank (MMCB) a Rs 1,300 crore bailout package. More so, when one considers the way the Government has been dealing with its o wn financial institutions.

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