FinMin favours real estate, broking firms to set up banks

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FinMin favours real estate, broking firms to set up banks. (Reuters) FinMin favours real estate, broking firms to set up banks. (Reuters)
SummaryFirewall has been proposed to avoid undue influence of bank CEO to lend to the group companies.

cent of its branches in unbanked rural centres (population up to 9,999 as per 2001 census) to avoid over concentration of their branches in metropolitan areas and cities which are already having adequate banking presence," the draft guidelines had said.

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