RBI tweaks applicant list for new bank licences

Image
Reuters MUMBAI
Last Updated : Sep 06 2013 | 8:16 PM IST

MUMBAI (Reuters) - The Reserve Bank of India said on Friday that Value Industries Ltd. from Aurangabad had withdrawn its application for new bank licences in the private sector.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.

(Reporting by Archana Narayanan; Editing by John Stonestreet)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 06 2013 | 8:06 PM IST

Next Story