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    HomeNewsOpinionWhat’s driving M&M’s move to buy a stake in RBL Bank

    What’s driving M&M’s move to buy a stake in RBL Bank

    For now, M&M remains a group which derives the bulk of its revenue - 55 percent - from its automotive business

    Sundeep Khanna
    August 04, 2023 / 08:53 IST
    What’s driving M&M’s move to buy a stake in RBL Bank

    India’s conglomerates have always seen financial services as a necessary line of business to cash in on the opportunities that the rising lending needs of a rapidly growing economy present and to build sticky relationships with their customers across product lines

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