New bank Licenses - Can't auction, don't ration either: Nirmal Jain in BS
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New bank Licenses - Can't auction, don't ration either: Nirmal Jain in BS

25 Apr, 2017, 23:30 IST | Mumbai, India
New bank Licenses - Can't auction, don't ration either: Nirmal Jain in BS

The auction premium will be a huge disadvantage to the new banks vis-??-vis incumbents and can drive the former to riskier activities to make up for the return auction

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