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Dabba trading is an illegal form of trading in equities that works on the idea of the parallel stock market outside the ambit of bourses without any regulations.
The Indian banking industry which was dominated by public banks saw the rise of private banks post liberalization. The Indian banking industry today has become a behemoth is the driving force of the Indian economy. The Indian banking family is 12 public banks, 21 private sector banks, 44 foreign banks and 12 Small Finance banks long which is regulated by the apex bank of India- Reserve Bank of India (RBI).
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