Draft Guidelines for Licensing of New Banks in the Private Sector
31 Oct 2011
Source: India’s Central Bank, the Reserve Bank of India (RBI)
India’s Central Bank, the Reserve Bank of India (RBI), has released draft guidelines for the licensing of new banks in the private sector. The guidelines cover, inter alia, corporate structure, minimum capital requirements, and foreign shareholding in the bank.
Deadline: 31 October 2011
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