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LIC HSG FIN TO BTVI - LIC Hsg Fin's Interest Rates Have Been Competitive Compared To Mkt LIC HSG FIN TO BTVI - Banks Have Reduced Rates Due Lower Cost Of Funds

IDFC, Bandhan Well Capitalised: India Ratings


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April 3: The long wait for bank licences is finally over, the RBI, in its own words, has been conservative in granting 'in-principle' approval for 18 months for the two companies IDFC and Bandhan Financial. These two will be the first banks to be formed in about a decade if they satisfy the conditions put forward by the central bank in 18 months. Bloomberg TV India speaks to Ananda Bhoumik, Senior Director, India Ratings, to discuss in detail the challenges in formation of these two new banks.