........Officials said the Commission is of the view that the Rs 500 crore needed as initial paid up capital for launching Post Banks might not be feasible at the moment because of overall tight fiscal conditions. "Though in-principle the Commission does support the proposal, but current weak financial condition is acting as a hindrance," a senior official said..................
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