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From CNBC-TV18
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Applied to RBI for NBFC licence: Federal Bk
2008-05-16 18:36:51 Source : News Bulletins/CNBC-TV18
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The management of Federal Bank said they have applied to RBI for an NBFC licence, reports CNBC-TV18 quoting Newswire 18. It will do retail business via the proposed NBFC. It is looking to buy share broking and asset management companies.
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