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.

    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.

    SOURCE: Al Jazeera


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