Bank licences for corporates: RBI group ignored advice of experts
Maula mulla Tuesday 24th of November 2020 07:40 AM
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Rajan, Acharya The two said that the proposal to let industrial houses into banking will lead to "connected lending" which, according to them, is "invariably disastrous" and would further "exacerbate the concentration of economic (and political) power in certain business houses".
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