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Annapurna Finance's Universal Banking Dream Dashed: RBI Rejects License Application

2025-06-06
Annapurna Finance's Universal Banking Dream Dashed: RBI Rejects License Application
Reuters

Mumbai – Annapurna Finance, a prominent non-banking financial company (NBFC) in India, has seen its aspirations for a universal banking license fall flat. The Reserve Bank of India (RBI) announced on Friday that it has rejected the company’s applica ...Read more

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