In an attempt to improve financial inclusion, the Reserve Bank of India has issued guidelines for a fresh round of banks to be licensed – and the path is clear for India's big corporate houses to apply. Pranab Mukherjee, India's … To get a banking licence, companies must show a 10 year track record of “successful” operation, a business model that isn't speculative or vulnerable to volatile assets prices, and they must pass a “fit and proper” test
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India offers new banking licences in bid to spread financial services …
India offers new banking licences in bid to spread financial services ...
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