Considering that stake sale by merged banks in their insurance joint ventures could be lengthy, they are being given additional time. One entity cannot be a promoter of multiple insurance companies in life and non-life categories.from Moneycontrol Business News https://www.moneycontrol.com/news/business/exclusive-|-psb-merged-banks-may-get-time-till-fy22-end-to-cut-stakeinsurance-jvs_14876041.html
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