Both CCI and RBI To Vet M&As In Banking

While CCI will see competition part of such deals, the RBI will see prudential aspects

....."For M&A activities, they (banks) will have to seek Reserve Bank approval from prudential point of view. RBI is the sectoral regulator so the health of banks is the concern of the RBI, health of banks is not CCI’s concern, CCI’s concern is their behavior in the market and the consumer in the market," ......

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