BANK LICENCES TO CORPORATES IS A RETROGADE STEP
ALL GAINS AFTER NATIONALISATION WILL BE ERODED
2020-12-02 10:08
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With RBI’s Internal Working Group submitting their recommendation that Corporate Houses and Big Business Houses can be allowed as promoters of Banks, a lot of debate is going on. To us in AIBEA, it is not very difficult – rater it is very easy - to come to the conclusion that allowing entry of Corporates to run their own Banks is a very bad idea because, we have our bitter experiences.