Reuters – Mon, Feb 25, 2013 04:40 GMT
View PhotoBrokers trade on their computer terminals at a stock brokerage firm in Mumbai July 23, 2008. REUTERS/Punit …
MUMBAI (Reuters) - 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 (NSI:IDFC.NS - News), a lender and consultant for infrastructure projects, was up 1.8 percent.
(Reporting by Rafael Nam; Editing by Anand Basu)
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