RPT-Indian non-banking financial shares gain on central bank guidelines

Mon Feb 25, 2013 9:17am IST

Related Topics

Stocks

   

(Repeats to attach to additional alert on M&M Financial)

MUMBAI Feb 25 (Reuters) - 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)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

India-WTO Standoff

India-WTO Standoff

India threatens to derail WTO deal, prompts angry U.S. rebuke  Full Article 

Economic Pulse

Economic Pulse

New govt promises low and stable tax regime for economic revival.  Full Article 

IPO Probe Ends

IPO Probe Ends

Facebook says SEC's IPO probe ends, extending WhatsApp closing date  Full Article 

World Stocks

World Stocks

Goldman Sachs downgrades stocks to neutral for short term  Full Article 

Disappointing Results

Disappointing Results

Amazon's far-reaching ambitions, lack of profits, unnerve investors  Full Article 

Global Growth

Global Growth

IMF cuts outlook, warns of stagnation risk in rich nations  Full Article 

Market Eye

Market Eye

Nifty retreats from record highs on profit taking.  Full Article 

Waning Enthusiasm

Waning Enthusiasm

Markets' post-election enthusiasm lost on consumers.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage