.........
The regulator declined to say by when the next bank will be born. The
central bank has also poured cold water on hopes of regulatory
forbearance on liquidity requirements for finance firms such as IDFC,
which are planning to convert into banks. The 165-page clarification on
new bank guidelines posted on RBI’s website failed to define the two
key measures on which it would grant a bank licence — ‘fit and proper’
persons, and businesses ‘misaligned with the banking model’..................
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment