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Person

Vallabh Bhansali

Promoted Enam Securities

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Why this is listed

In the 1980s, when India’s capital markets exploded, many Marwari entrepreneurs could see how this would evolve and entered merchant banking. You had Enam Securities (promoted by Vallabh Bhansali), C Mackertich (Ajay Kayan) and Stewart & Co promoted by Utsav Parekh in eastern India.

What Makes Marwaris Thrive in Finance

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