Banking aspirants with an inglorious past are unlikely to get a licence from the Reserve Bank of India for a foray into the sector. Past business record will be factored in for banking aspirants as scrutiny will be strict, financial services secretary Rajiv Takru told Business Standard. Internal scrutiny of RBI is underway and the next phase of external scrutiny is expected to begin soon. The statement from Takru comes at a time when the scrutiny is underway and this can give a major jolt to some of the aspirants who have applied for a licence...........
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