Banking Licenses May Miss Jan 2014 Deadline
  • Prabha Hedge
  • Dec 12 2013

December 12: New bank licenses could take longer than expected and are unlikely to be given out early next year. The central bank’s Committee is currently in the process of scrutinising applications and will take atleast three months to award licenses once it finishes the scrutiny. Bloomberg TV India’s Saloni Shukla shares a detailed report.