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Will Put People’s Savings at Risk: CPI(M) on Banking Licences for Corporate Houses

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Given the state of regulation, promoters of the banks can easily circumvent the guidelines and exploit loopholes to corner resources for their own non-financial business interests, the CPI(M) said.Given the state of regulation, promoters of the banks can easily circumvent the guidelines and exploit loopholes to corner resources for their own non-financial business interests, the CPI(M) said.

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