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Indian companies vying for bank licences

For the first time in a decade, millions of people without accounts could be able to store and save money safely.

Last Modified: 01 Jul 2013 14:29
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For the first time in 10 years, India is handing out licences for new banks and dozens of companies are vying for them.

The potential for profits is huge in a country where millions of people do not have a bank account.

Al Jazeera's Karishma Vyas reports from New Delhi.

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Al Jazeera
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