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Connected lending: Das & Co gets serious about a bank system that Raghuram Rajan had warned

Reserve Bank of India MPC meet Updates: India restricts corporate houses from owning banks, raising questions about their absence despite financial capabilities. Allowing them could foster connected lending, granting preferential loans to connected parties. While a 2020 RBI proposal advocated their entry, criticism centered on consolidating economic and political power.
Raghuram Rajan Shaktikanta Das Rana Kapoor Narayan Vaghul Chanda Kochhar Videocon Group

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Reed Smith announces Reed Smith advises Das & Co. on joint venture with Vikram Solar and Phalanx Impact Partners for U.S.-based solar manufacturing operation

Global law firm Reed Smith today announced that it has advised Das & Co. on the formation of VSK Energy LLC, a joint venture in partnership with Vikram Solar and Phalanx Impact Partners, to create a majority U.S.-owned and operated company with plans to invest up to $1.5 billion to develop a vertically integrated solar manufacturing operation in the United States.
United States New York Brooke Dorris Reed Smith Lynwood Reinhardt Herb Kozlov

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