........The present columnist has been an early advocate of allowing industrial houses to apply for bank licences. Memories of the pre-nationalisation period, when industrial houses dominated the banking scene, are no longer relevant, as there are concentration ratios and prohibition on connected lending, which would prevent earlier malpractices from re- emerging. In the upshot, it would appear that political economy considerations will prevail and the actual granting of licences will take place only after May 2014...........
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