ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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How Strong Are the Arguments for Bank Mergers?

If the officially initiated move for merging banks is a further step towards full capital account convertibility that it appears to be, then it should be resisted with all the political will of the people caring for the welfare of the many rather than the wealth of the few. But even without that design, the move seems to be based on bad reasoning and poor empirical evidence.

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