Videocon Into Banking Sector

The important group of the country Videocon is entering into the Banking sector. The company officials had said that The new Reserve Bank rules for the new bank license is quiet apt for the Videocon said by the officials. The RBI instructions can be easily done said by Videocon authorities .The Videocon Chairman Venugopal Dooth had said that they would submit an application for the allotment of new business. He also said that Banking sector is quiet more easier to perform said by and Firstly they would invest 1000 crores , would surely function with the help of foreign support. For the business Videocon had already setup various channels in the foreign country’s. Reserve Bank would give new banking license to the new banks with satisfying the conditions framed by the RBI. Videocon had a success history in their businesses particularly in the consumer products like the TV , Music Zone, other home appliances….etc.. This banking sector also might be more profitable to the group. Videocon had an aim to increase their working personal in their firm. The Banking sector would surely hold a great strength of personnel if they are aiming to build their presence all over India.

Leave a Reply

Your email address will not be published. Required fields are marked *

*
*