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Q.

Anil Ambani today said that his group's financial services arm Reliance Capital will explore all possible opportunities to enter the banking sector and plans to unlock value in all its major businesses.- Will this move perk up Reliance Capital scrip?

Tags: money, relationships, banking sector
Asked by venkatesaldevarajan, 27 Sep '11 05:27 pm
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Answers (2)

 
1.

He may not get the licence ......... as per RBI norm and concept, they will issue the banking licence to those who are directly acessing to rural belt ....... that means , there is a chance for few Microfinance organisations and few from Insurances sectors ......... who are directly dealing with rural population .......
Answered by pradeep mishra, 27 Sep '11 05:33 pm

 
  
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2.

Yes it should
Answered by rajnikant raiyarela, 27 Sep '11 05:29 pm

 
  
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