Tags:
Journalism of Courage
Finance Minister Pranab Mukherjee said Reserve Bank of India (RBI) will issue banking licences to more entities including the Non-Banking Financial Companies (NBFCs).
“RBI will given additional licences” for setting up banks in the country,he said presenting the budget for 2010-11 in the Lok Sabha.
He said banking licences will also be issued to the NBFCs which fulfil the prescribed criteria.
