Tata Sons withdraws Application for New Bank

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..... Tata Sons withdraws Application for New Bank - News and Press Release Dated:- 27-11-2013 - News - The Reserve Bank of India has today communicated that Tata Sons Limited has withdrawn its applicatio .....

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..... n made on July 1, 2013 for a new bank licence. The company has indicated that its current financial services operating model best supports the needs of the Tata Group s domestic and overseas strategy, .....

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..... and provides adequate operating flexibility to its companies, while securing the interests of the Group s diverse stakeholder base. The Reserve Bank has accepted withdrawal of the application. It m .....

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..... ay be recalled that the Reserve Bank of India had, on July 1, 2013 placed on its website a list of 26 applicants for new bank licences in the private sector and had intimated the change in the names .....

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..... of applications earlier on September 6, 2013. Ajit Prasad Assistant General Manager - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementi .....

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..... ndia.com - TMI - TaxTMI - TMITax .....

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