Friday, 6 September 2013

RBI tweaks applicant list for new bank licences


MUMBAI: The Reserve Bank of India said on Friday that Value Industries LtdBSE 9.09 % from Aurangabad had withdrawn its application for new bank licences in the private sector.

The central bank also added the name of K. C. Land & Finance Ltd. from Chandigarh in the list of applicants, saying the name was not included in the list prepared in July inadvertently.

On July 1, RBI had placed a list of 26 applicants for new bank licences in the private sector on its website.

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