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RBI's new bank license norms will bring stability: E&Y

The long awaited draft rules from the Reserve Bank of India (RBI) to govern the issue of new bank licences is out now. Speaking about the new norms on the pluses and the negatives, Ashvin Parekh of Ernst and Young says the new guidelines are a step forward and the riders in place will bring more stability into the banking sector.

September 02, 2011 / 12:09 IST
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The long awaited draft rules from the Reserve Bank of India (RBI) to govern the issue of new bank licences is out now. Speaking about the new norms and on the riders attached, Ashvin Parekh, partner

TAGS: #bank licences #Business #Reserve Bank of India
first published: Aug 30, 2011 11:42 am

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