Banking license: Is there any hurdle for new entrants?

The much-touted RBI’s draft guidelines on new banking license are finally out! No doubt, it will pave the way for banking operations in India. However, clauses like financial inclusion and listing norms, mentioned in the draft may drive new entrants to tread cautiously before they apply for a license.

August 30, 2011 / 17:01 IST

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Moneycontrol Bureau

The much-touted RBI

first published: Aug 30, 2011 01:08 pm

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