Wednesday, December 12, 2012

3 NBFCs likely to get RBI nod for banking license: Antique

....."The guidelines do not specify the number of licenses but given the past record and the RBI's cautious approach, we believe a maximum of three or four licenses would be granted," the brokerage said in a note today. "The existing set of guidelines clearly eliminates chances of groups engaged in broking and real-estate activities as contenders - it offers adequate flexibility to RBI for 'choosing' the promoters of new banks.......

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