Daily Archives: July 7, 2013

New Banking Licenses in India

Posted on July 7, 2013 by Vijayashankar Na

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 →

Posted in Bank, RBI | Tagged bank, cyber crime insurance, india, information security, ITA 2008, license, naavi, RBI | Leave a comment

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

Posted on July 7, 2013 by Vijayashankar Na

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 →