Talking to ET Now, Sanjay Parekh, Reliance Mutual Fund , says RBI’s guidelines for recognising asset quality pain via upfront provisioning getting higher coverage, augurs well for the banking system in the long term. Let us first start with what is happening in the banking space.
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via Large corporate banks will have their share of pain in Q4: Sanjay Parekh, Reliance MF
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