* Shares in non-banking finance companies gain after Reserve
Bank of India's unveils draft guidelines for capital in the
sector that are seen less stringent than feared.
* RBI wants non-bank lenders to set aside more capital for
lending in stock and real estate sectors and to improve the
quality of liquid assets they hold to reduce systemic risk from
* RBI also proposes to raise Tier I capital requirements across
the sector to a lower level than market participants had
* L&T Finance Holdings gains 0.8 percent, Mahindra
and Mahindra Financial Services is up 0.9 percent,
while LIC Housing Finance gains 0.8 percent.