Tuesday, October 8, 2013

'RBI must give bank licences to corporates with proven record'

The Reserve Bank must issue new bank licenses to corporate houses with proven track records in order to achieve financial inclusion as public sector banks alone will not be able to spread banking services to the entire country, PHD Chamber of Commmerce said today. "Private banks' entry has only made banking sector more competitive ever since their operations came into being," PHD Chamber President Suman Jyoti Khaitan said.......

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