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India savers in dark over Sahara's latest shadow banking schemes

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Sahara India Pariwar had become one of India's most successful companies over the past three decades.

Patna, India

IN 2004, Khitish Kumar Pandey took 10,000 rupees (S$212) out of his pension and put it into a savings plan run by India's embattled Sahara conglomerate. The Sahara agent told him that his money would triple in 10 years.

Sahara India Pariwar had become one of India's

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