fallstuff
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Banking business relies on trust, if you take that away it will impact the entire economy.It is more like dumping money into a bottomless pit. The money will only end up being looted by the defaulters again.
This is why experts are suggesting to let some banks to fail that would set an example and will force the authority ensure better governance.
I saw the interview of the IBIL MD on YouTube.
He literally said that he advised the month-old company owner to form a new LLC.