The Reserve Bank of India scrapped plans to bar banks from overlapping business lines with their NBFC subsidiaries, offering a boost to private lenders. HDFC, ICICI, and Axis Bank shares rose as the move preserves flexibility for growth and customer targeting.
​The Reserve Bank of India scrapped plans to bar banks from overlapping business lines with their NBFC subsidiaries, offering a boost to private lenders. HDFC, ICICI, and Axis Bank shares rose as the move preserves flexibility for growth and customer targeting. by Soban News (international And National News)