Monday, July 28, 2014

Small banks may play a bigger role

..........The removal of geographical restrictions will make these banks profitable. Otherwise, making these banks profitable, while restricting its operation to some districts, would be highly challenging in the initial years thus making it quite difficult for the promoter to dilute his stake to 40% within three years and further down to 26% within 12 years as stipulated by RBI's guidelines. Critics argue that...........

No comments: