Modi exhorts banks to support wealth, job creators; increase country's balance sheet
Addressing bankers at the symposium to 'Build Synergy for Seamless Credit Flow and Economic Growth', Modi said banks have to now adopt a partnership model to help businesses thrive and move away from the idea of being a loan "approver" to a loan "applicant".
The China angle that could hamper Paytm's forward marchGlobal financial services major Macquarie isn't enthused and sees a 40% downside from its issue price in what it described as a 'cash guzzler'.
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