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जून 06, 2025
RBI announces Decision on an application received under Guidelines for ‘on tap’ Licensing of Universal Banks
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The Reserve Bank has completed the examination of the application of Annapurna Finance Private Limited for setting-up a universal bank. Based on the assessment of the application as per the procedure laid down under extant guidelines, the applicant was not found suitable for granting of in-principle approval to set up a universal bank.
(Puneet Pancholy) Press Release: 2025-2026/500 |
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