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Special provisions available at Gift City can be a quick and impactful support for the Indian startups, he added. Today what is attractive about the banking system is not their appetite to take risk instead it is their prudency which makes them strong. What startups are looking for is not risk or risky instruments, instead they are looking for safe havens where capital can be deposited, he stressed.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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