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SREI, Edelweiss to seek banking licences

Joining the list of banking aspirants, financial services firms SREI Infrastructure Finance and Edelweiss Financial today said they will apply to RBI for seeking bank licences.
The board of SREI Infrastructure Finance at its meeting today, has decided to submit an application to the RBI for obtaining a banking licence, the company said in a filing on the BSE.
Shares of the Kolkata-based company closed at Rs 25.20, down by 1.37 per cent on the BSE.
Edelweiss Financial in a separate filing said, the board has approved proposal for making an application to the RBI for a banking licence.
Shares of Edelweiss Financial closed flat at Rs 30.10 on the BSE.
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