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Feb 01, 2013, 10.41 PM IST | Source: CNBC-TV18

Realty, broking firms can apply for new bank licences

Real estate and stock broking firms may be eligible to apply for new bank licences, CNBC-TV18 learns that RBI has agreed to drop explicit prohibition on new bank eligibility.

Real estate and stock broking firms may be eligible to apply for new bank licences, CNBC-TV18 learns that RBI has agreed to drop explicit prohibition on new bank eligibility. The central bank will however critically evaluate business model and the promoters.

READ MORE ON  real estate, banking, economy, rbi, licence

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