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<h1>Bank licensing transparency: names of private sector applicants disclosed after the application deadline to ensure openness in the licensing process.</h1> The Reserve Bank of India disclosed the names of 26 applicants for new private sector bank licences on its website after the application window closed, pursuant to the Guidelines for Licensing of New Banks in the Private Sector; the release states that receipt of applications closed at 17:45 on the final day and the disclosure promotes transparency.