Draft RBI guidelines for new bank licences: ICRA

ICRA says meeting ownership, listing terms could be a challenge.

Mumbai, September 19, 2011: Credit rating major ICRA Limited has termed as potentially challenging the ownership and listing conditions proposed by the Reserve Bank of India (RBI) as part of its draft guidelines for new bank licences, saying some corporate entities may be deterred from applying for banking licences as some of the businesses may not be mature for listing on the stock exchanges.
ICRA, in a note issued here today, said that

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