Authorisation applications face eligibility scrutiny, fit and proper checks, and a one-year bar after revocation, surrender, or rejection. The Reserve Bank may consider all relevant matters, including eligibility conditions and, for regulated entities, supervisory inputs, when examining an application for grant or renewal of authorisation. Applications that are false, non-compliant with eligibility requirements, involve persons who are not fit and proper, or are not in public interest may be rejected. A one-year bar applies to applications from entities whose authorisation was revoked, voluntarily surrendered, or previously rejected, and to entities linked through significant influence of promoters, directors or KMPs.