Wednesday, August 22, 2012

‘No blanket exemption from CCI oversight’

....Earlier this month, the Reserve Bank of India had written to the finance ministry saying that banking sector merger should not be under the purview of the CCI. The finance ministry had also opposed a Cabinet Note proposed by the corporate affairs ministry on bringing banking mergers under the Competition Commission of India (CCI) saying that the body was not equipped to handle the issue......

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