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HFCs : Unviable Business?

Source: Ambit Research Report

2 replies on “HFCs : Unviable Business?”

Don’t think so.
Because earlier when Base Rate and MCLR concepts were introduced, these HFC companies were able to somehow circumvent the system and definition and earn stable great margins.
So they will find some loophole or circumvention mechanism to plug this ‘external bench marking’ concept also.
Just wait and watch. And this will be ‘led’ by none other than behemoths like HDFC Ltd. – a Master of this game.

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