Santosh Singh, banks & financials analyst, Espirito Santo Securities believes that M&M Finance, L&T Finance, Bajaj Finance are more suited to receive new banking license.
Ashvin Parekh, partner and global leader, Financial Services, Ernst & Young said that the RBI is not in a rush to issue bank licenses; however, it will come up with the guidelines soon.
The RBI governor D Subbarao today hinted the new bank license rules may allow corporates to promote banks. Naina Lal Kidwai, group general manager and country head of HSBC India, SBI chairman Pratip Chaudhuri Chairman and Chanda Kochhar, managing director and CEO of ICICI Bank shared their views with CNBC-TV18 on this issue.