HomeNewsBusinessEconomyNew banking guidebook: What does it mean to the industry?

New banking guidebook: What does it mean to the industry?

In an interview to CNBC-TV18, Sampath Kumar, analyst at IIFL; Sanjeev Bajaj, managing director of Bajaj Finserv and N Kamakodi, managing director and chief executive officer of City Union Bank discussed their views on the NBFCs as well as the impact of the bank license rules.

September 03, 2011 / 10:41 IST
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A few days ago, the Reserve Bank of India (RBI) presented a couple of important pieces of discussion. One of them was the working group report on regulations for non-banking finance companies (NBFCs), which have not been framed into rules yet, but might kick in anytime soon.


The provisioning norms are being changed. Earlier, a loan was said to be bad if the interest didn
first published: Sep 2, 2011 03:00 pm

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