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How do current businesses of 26 banking applicants add up for their licence game?

By Bruhadeeswaran R

  • 03 Jul 2013
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How do current businesses of 26 banking applicants add up for their licence game?

When Yes Bank and Kotak Mahindra Bank were given banking licences in 2004, the Reserve Bank of India (RBI)’s norms for sanctioning such licences were not too strict. However, this time around, the central bank has come up with stricter guidelines for new banks, as the banking industry has gone ......

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