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Corporates and bank promotions: Experts oppose RBI internal working group’s suggestion

BL Internet Desk | Updated on November 24, 2020 Published on November 24, 2020

The RBI internal working group’s suggestion to allow large corporates/industrial houses as promoters of banks is fraught with risks such as connected lending and an increase in contagion from corporate default to the financial sector, experts have warned.

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Published on November 24, 2020