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

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POLITICS-Glossing over the Past

one of the major financial institutions (UTI, ICICI, HDFC and now IDBI) sporting a commercial bank of its own. Given this situation, the scope for the failure of a single leg of multi-cornered transactions of banks and financial institutions, particularly capital market and real estate deals, producing system-wide repercussions is vastly enhanced, creating dangerous possibilities.

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