Shares of existing banks lost value on the bourses on Monday amid the RBI issuing guidelines for new bank licences. More than a dozen corporates, including big names such as Aditya Birla Group, M&M, L&T, as well as state-owned PFC, LIC and India Post, are likely to apply to the Reserve Bank for licence to open banks. ... 
02:39 PM, Feb 25, 2013
