Saturday, April 19, 2014

Which way will the two new banks go?

The granting of banking licences to IDFC and Bandhan is interesting when looked at from the point of view of the character of the institutions that have been chosen by RBI. One is an MFI while the other is an infrastructure-finance company. If an NBFC was awarded this privilege, then the transition would have been relatively seamless. But once .........

No comments: