Drive to open up Indian banking

Help

India's central bank has called for applications for new bank licenses.

Some of India's top companies have said they are looking to enter the sector as part of the initiative.

The move is part of the Indian government's plan to extend banking services to a larger percentage of the country's population.

Yogita Limaye has more from Mumbai.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.