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Jainco Projects India eyeing to foray in banking space

28 Jan 2015 Evaluate

Jainco Projects India is eyeing to open a small bank in private sector through its own name and/or through its subsidiary/holding company formed/to be formed. The board of directors will meet on January 30, 2015, to discuss and approve the application to RBI for the license of the same.

Jainco Projects (India) is engaged mainly in the business of real estate and financial services. The main activities include constructions of commercial and residential complexes, housing, trading in shares and securities, investments, hire purchase, leasing, trading of LPG and other activities.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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