.....That is not hard to believe given that L&T Finance's larger game-plan is to throw its hat into the ring when the RBI begins to hand out new banking licences. Having a presence across the entire chain of “lending, saving and investing” may sound pretty ambitious for a NBFC. But it is quite realistic for a bank. So, even as the RBI readies its norms for new banking licences, L&T Finance seems to be well ahead in the race to become a bank........
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