Tuesday, June 25, 2013

SREI, Edelweiss to seek licence from RBI for setting up bank


Joining the list of banking aspirants, financial services firms SREI Infrastructure Finance and Edelweiss Financial today said they will apply to the Reserve Bank of India (RBI) for seeking bank licences. The board of the company at its meeting today, has decided to submit an application to the RBI for obtaining a banking license, based on the guidelines for licencing of new banks in the private sector dated February 22, 2013, SREI Infrastructure Finance said in a filing on the BSE...........

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