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Banks May Be Sitting On Huge Losses: Hemindra Hazari

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August 18: The Bhushan Steel- Syndicate Bank scam has created some volatility across the banking sector. Now, the company’s lenders remain split even as they meet to decide the road ahead. Was it a systemic failure or one bad egg? Harsha Subramaniam discusses the implications of this scam on the banking sector with Banking Expert, Hemindra Hazari.