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CEO of LIC Housing finance arrested & Central Bank of India is also under scanner – Triggers selling pressure in the banking sector

Posted on: November 24th 2010 in Market News.

In a latest development it is reported that the CEO of LIC Housing Finance is being arrested by CBI in a financial scam. Central Bank of India is also under scanner. The report has brought the markets down by 1.5%. Banking and realty sector are the worst hit after the news. …

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