ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Retreading the Spare Wheel

financing and corporate growth in all countries. For example, such investment or lending uses the credit and investment rating of an established company to attract funds into a new enterprise which might not have been able to do so on its own credit Risk- taking is thus undertaken by industry instead of by investors and bankers. The Indian genius lay in using this method to increase group concentration.

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