Yesterday, the Reserve Bank of India released the Draft Guidelines for "Licensing of New Banks in the Private Sector".
In an interview to CNBC-TV18, Bobby Parikh of B-M-R Advisors, Sunil Godhwani of Religare Enterprises and Ajay Srinivasana of Aditya Birla, speak about the contentious issues in the guidelines and give their outlook going forward. New bank license guidelines: Who qualifies & who lucks out? Below is the edited transcript of the interview. Also watch the accompanying videos. Q: It seems like your aspirations are going to be the ones that are, in a sense, going to be dashed by these new guidelines, if they were to finally come into effect. What is your reading? Godhwani: I donDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!