 "Non-financial, banking shares gain after LS passes banking bill")
Mumbai: Shares in non-financial banking companies such as Shriram Transport Finance gained on Wednesday a day after a banking bill laying the groundwork for the issuance of new bank licenses was approved by parliament.
The bill also seeks to draw foreign investment to the banking sector by increasing shareholders’ voting rights.
Banking shares gained, with State Bank of India up 1 percent, while Bank of India gained 1.3 percent.
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Shriram Transport Finance Co Ltd rose 2.2 percent, while Mahindra & Mahindra Financial Services added 1.9 percent.
Reuters
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 "Shriram Transport Finance stock zooms nearly 13% after company reports 38% jump in Q3 earnings")
 "Will economy pick up in second half of the year, SEBI plans to bring in intra-day trading rules; all this and more on Moneycontrol Pro")
 "RBI policy: Bankers blame rising inflation for central bank keeping interest rates unchanged despite fall in growth")