To Give Bank Licenses Regularly: RBI
  • Prabha Hedge
  • Apr 01 2014

April 1: While announcing the monetary policy today, RBI Governor Raghuram Rajan said he wants the Election Commission's nod on new bank licences to ensure that the new licencees do not face any controversies. Rajan also added that there was scope to convert partial bank license to full licences, and give more bank licenses regularly in the future. Saloni Shukla shares a detailed report on the same.