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1:02
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Business Standard
RBI holds rates steady, life insurers ITC concerns, Sammaan Capital- Abu Dhabi deal & more
The RBI’s Monetary Policy Committee kept the repo rate unchanged at 5.5% for the second straight meeting and maintained a neutral stance. In a key move, banks can now finance corporate M&A deals, addressing a long-pending demand. Indian banks were earlier barred from funding M&As as it could cause over-leverage, promoter-level funding, and ...
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