MUMBAI - India's non-banking
financial shares gain on Monday after the RBI issued guidelines allowing any
business sector to apply for banking licenses.
M&M Financial shares were up 6.4 percent at 10:09 a.m.
IDFC Ltd, a lender and consultant for infrastructure projects, was up 1.8 percent.
M&M Financial shares were up 6.4 percent at 10:09 a.m.
IDFC Ltd, a lender and consultant for infrastructure projects, was up 1.8 percent.
Autoline Industries shares rallied 8.8 percent intraday after the company decided to sell land & building in Chakan unit in Pune to reduce debt burden.
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