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Mahindra Finance not to apply for a banking licence – Economic Times


Economic Times

Mahindra Finance not to apply for a banking licence
Economic Times
Mahindra Finance on Monday decided not to apply for a banking licence, citing Reserve Bank of India regulations might have an adverse economic and operational impact on the non-banking finance business.
Mahindra Finance opts not to seek bank licenceReuters India
Mahindra Finance backs away from bid for bank licenceFinancial Times
New bank licence: M&M Finance opts out of the raceBusiness Standard
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