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Private Banks Take On Government Lenders In Their Last Bastion
Can government business be the next growth driver for private banks? They certainly think so.
20 Aug 2021, 09:06 AM IST
State-owned banks always got first dibs on the banking business of the government. It was the one segment where private competition was kept at bay by regulations.Until recently.Now, with the government and Reserve Bank of India allowing private banks unfettered access to government business, these lenders are sharpening their strategies in the hope of making inroads into this last exclusive preserve of public sector banks.In Februar...
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