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Why allow mergers when there is need for banks, NBFCs in system, says Tata Investment

Updated : April 12, 2019 01:50 PM IST

“To merge these both entities is trying to transfer the risk of different types to each other," Amit Dalal said.
"I am not sure the regular perhaps envisage this happening when they formed norms for NBFCs and banks," he added.

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