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Mergers of banks threaten the insurances

Published On 24 Oct 2019 10:30 AM


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As the financial and banking systems are on the verge of collapsing in India there have been developments in the insurance sector too that have been seeing a downfall as a result of various fraudulent activities in the insurance world that have been rising in number in the recent years.

Banks as they face major issues and major deficit numbers are closing down their insurance arms that have been never profitable to the banks. This is....


Tags : banking systems, deficit numbers, Oriental Bank of Commerce, financial systems, financial crisis,
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