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Pvt Banks: Risk Concentration Concerns

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February 10: Harsha Subramaniam and Anupriya Nair discuss a recent report from Nirmal Bang pertaining to the high concentration of deposits by ultra high networth individuals. The reports states that 14% of the retail customers account for 71% of the deposits. Nirmal Bang's Hemendra Hazari says that this could lead to problems for the bank if these UHNIs decide to move the deposits away from the banks.