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You are Here : RBI should send suggestions on FHC model to FSLRC: Experts

Monday, 10:19

Banks should not own mutual funds or insurance companies as subsidiaries. Instead, an RBI panel has recommended that financial conglomerates be structured so that a holding company is created with 3 distinct arms - the bank, the insurance company, and the mutual fund.
APR 30, 2017
12:46 PM

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