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.
first published: Jun 6, 2011 10:19 pm
A collection of the most-viewed Moneycontrol videos.
You are already a Moneycontrol Pro user.
