Daily Archives: July 7, 2013

New Banking Licenses in India

The recent decision of RBI to ¬†invite fresh applications for new Banking licenses have evoked response from 26 applicants. The undersigned who joined the Banking industry in 1973 and has been in working in the industry upto 1987 and later … Continue reading

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Should Indian Post be granted Banking license?..Do they need one?

The decision of Indian Postal Department to seek a Banking license from RBI through the Licensing Scheme meant for private sector has been an object of discussion since the announcement was made. ¬†The application is a source of embarrassment to … Continue reading

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