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PSU banks lose ground in corporate banking

Hue Wire 2019-07-11 20:39:08

Nationalised banks are losing market share to private banks. Not just in deposits and credit, they are also rapidly losing their position as lead bank — the lender which calls the shots in lending to businesses — in many corporate relationships. While most corporates have multiple banking relationships, they can have only one bank that sets the terms and conditions for credit facilities.

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