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Home › Despite concerns, India soon to let corporates into banking

 

Despite concerns, India soon to let corporates into banking

2013-02-11 09:55:55| Steel - Topix.net

India will soon allow corporate houses to open banks despite misgivings within the central bank as well as the International Monetary Fund that it could lead to risky loans if newcomers succumb to the temptation of lending to their related firms.

Tags: india concerns banking corporates

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