Wednesday, February 6, 2019

RBI eyes holding company model for banks; move to usher consolidation: Report

RBI eyes holding company model for banks; move to usher consolidation: Report It will result in cleaner holding structures within banking groups and ring-fence banks from change in the fortunes of subsidiaries

from Moneycontrol Business News http://bit.ly/2ScADix

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...