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Encourage merger of small banks to create large ones: Assocham
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Times of India
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November 08, 2009
NEW DELHI: Industry body Assocham has asked the government to encourage mergers of smaller banks to create larger ones in order to mitigate risks arising out of surge in non-performing assets (NPAs). On an average 26% rise in net NPAs have been registered by 21 public sector and commercial banks dur...
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