Mumbai: Inmacs Management Services, the little-known banking aspirant, seems to be laying its groundwork for banking pretty seriously. In its application to the Reserve Bank of India (RBI) earlier this month, the consultancy firm has proposed to open half of the proposed Arihant Bank’s branches in rural areas, a senior company official told dna. A surprise entry, this Gurgaon-based company, headed by chartered account Vinod Jain, is up against the likes of the Tatas, the Birlas and the Ambanis, and there are 26 aspirants jostling for this once-a-decade lottery............
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