November 01, 2004
Fin Min to encourage bank acquisitions

India to loosen curbs on bank acquisitions (Bloomberg News via IHT)

Finance Minister P. Chidambaram of India said the government would allow foreign banks to take control of domestic private lenders and promote mergers and acquisitions in the financial industry.

Will the Left oppose this?

Posted by Harshal at November 01, 2004 01:38 PM


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