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Context: Centre mulls BIC model for bank recap
The report recommended transferring shares of the government in the banks to the BIC, which would become the parent holding company of all these banks; as a result of this, all the PSBs would become ‘limited’ banks.
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https://www.thehindu.com/business/Economy/centre-mulls-bic-model-for-bank-recap/article33589572.ece
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