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Unavailability of loans for share acquisitions stifling corporate growth: Ajay Piramal of Piramal Group

At ET Awards for Corporate Excellence 2021, the chairman of the Piramal group said that no banking licence was issued since the RBI announced on tap licence in 2016. India needs promoters driven banks for growth. He also added that the unavailability of loan funding for share acquisitions is stifling corporate growth In India. Watch!

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