Monday , 23 January 2017
Home » News (page 9)

News

Soon, you may have Reliance Bank, L&T Bank, Birla Bank

rbi_new_banking_license

Last updated : 28th April, 2014 Soon you may have Reliance Bank, L&T Bank, LIC Bank, Birla Bank.  After almost ten years, RBI is set to issue fresh banking licenses. Last licenses were issued to Kotak Mahindra Bank & Yes Bank in 2003-2004. RBI has now issued final guidelines for new bank licenses which will allow corporate & business groups with sound credentials to enter into banking business. Corporate houses like Anil Dhirubhai Ambani Group, Larsen & Toubro, Tatas, Mahindra and Mahindra, Life Insurance Corporation, Aditya Birla Group and NBFCs Shriram Transport, Religare, SREI, Reliance capital have shown interest to ... Read More »

Copy Protected by Chetan's WP-Copyprotect.