Nbfc shares

Softening interest rates helped NBFCs grow their books aggressively. Photo: Mint
RBI announced the final guidelines on 22 February for new private banks three years after former finance minister Pranab Mukherjee announced the plan and nine years after the RBI last issued licences in 2003-04. Pradeep Gaur/Mint<br /> (RBI announced the final guidelines on 22 February for new private banks three years after former finance minister Pranab Mukherjee announced the plan and nine years after the RBI last issued licences in 2003-04. Pradeep Gaur/Mint)

Shares of banking aspirants surge

1 min read . 25 Feb 2013