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Comments by "M" (@mg.f.9023) on "'RBI must regulate risky loan apps, cooperative banks. They are plaguing the banking sector'" video.
“The RBI had earlier stated that one corporate group should not be given more than, Rs10000 cr loan. Though RBI is keeping its eyes closed, the banks should take serious note and not lend Rs.2.27 lakh crore to one company, even if it is the blue-eyed boy of the Prime Minister. The risk is simply too high!” - Thomas Franco, former General Secretary of All India Bank Officer’s Confederation.
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