Tuesday, July 2, 2013

Tata, Birla, India Post among 26 applicants for bank licences


The 13th floor of the Reserve Bank of India’s headquarters in south Mumbai saw an unusual sight: many visitors carrying huge cartons filled with documents lining up before the office of Chandan Sinha, Chief General Manager-in-Charge, Department of Banking Operations and Development. The documents, some running into over 20,000 pages, were part of the applications for banking licences, the deadline for which expired today...............


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