HomeNewsBusinessCNBC-TV18 CommentsRBI should send suggestions on FHC model to FSLRC: Experts

RBI should send suggestions on FHC model to FSLRC: Experts

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.

June 07, 2011 / 11:12 IST
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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. CNBC-TV18

first published: Jun 6, 2011 10:19 pm

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