One timepass activity amongst finance professionals is to guess which companies will be selected for the banking license.
There are around 25 applicants for the license (see entire list here)
My bet is on the following companies:
- IDFC (Its the cleanest one)
- JM Financial (Mukeshbhai Zindabad)
- India Infoline (Smart money going here)
- LIC Housing Finance Ltd (Hum sarkari hain)
Who do you think will get the banking license?
5 replies on “My bets for the banking license”
when list would be announced???? Also would it be before or after election?
Expected to be announced before the elections
IFCI is a potential candidate
why not big groups like Bajaj, Aditya Birla, Shriram, PostOffice(much bigger than LIC Hsg Finance)
Because RBI does not want to give license to entities backed by business groups