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Saturday, November 21, 2020

RBI Internal Working Group’s suggestion: Big business houses may soon promote banks

For instance, large, well-run non-banking finance companies (NBFCs), with an asset size of Rs 50,000 crore and above could become banks post 10 years of operations once they pass the due exercise.

from Banking & Finance – The Financial Express https://ift.tt/36XgW2C

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