Big guns may get banking licences3 min read 21 Nov 2020, 05:26 AM IST
RBI panel suggests giving nod to big industrial houses
The changes will require amendments to the Banking Regulation Act
A Reserve Bank of India (RBI) panel on Friday recommended giving banking licences to large industrial houses, potentially allowing the Aditya Birla group, the Tata group and Reliance Industries Ltd to apply for banking licences.
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