Discrimination faced by Mumbaikars...

If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.

Monday, October 07, 2013

Select NBFC shares gain on banking license hopes
Shares of select non-banking finance companies (NBFC) that applied for the banking licenses are trading higher by up to 4% in otherwise weak market after Finance Minister P Chidambaram said that the Reserve Bank of India (RBI) would shortly issue seven licenses.

L&T Finance Holdings, Bajaj Finserv, Magma Fincorp, LIC Housing Finance, Muthoot Finance and Srei Infrastructure Finance are up 1-4% on the Bombay Stock Exchange.

The central bank board on Friday named its former deputy governor Usha Thorat, former Securities and Exchange Board of India chairman Chandu Bhave and former ICICI Foundation chairman Nachiket Mor as members of the committee.

The RBI plans to grant license to set up seven new banks after receiving the committee's report in January 2014.

Addressing a function at the State Bank of Mysore, Chidambaram said the new banks should not try to become clones of existing banks, the Business Standard report suggests.

Among the individual stocks, L&T Finance Holdings has rallied 4% to Rs 69.55, followed by Bajaj Finserv and Magma Fincorp are up 3% each at Rs 616 and Rs 64.50 respectively, while Muthoot Finance up 2% at Rs 96.50.

Courtesy: Smart Investor