(Repeats to attach to additional alert on M&M Financial)
MUMBAI Feb 25 India's non-banking financial shares were poised to gain on Monday after the central bank issued guidelines allowing any business sector to apply for banking licenses.
IDFC Ltd, a lender and consultant for infrastructure projects, rose 2 percent in pre-open trading. Domestic markets will open at 0345 GMT. (Reporting by Rafael Nam; Editing by Anand Basu)
Trending On Reuters
The Reserve Bank of India (RBI) kept its key lending rate unchanged on Tuesday, leaving the door open for more easing but making that dependent on meeting a challenging inflation target for 2017. Full Article