<h1>Banking structure in India proposes tiered banks, FHC model, differentiated licences and continuous on tap authorisation to boost inclusion and stability.</h1> The Paper proposes reorienting India's banking structure through a four tier architecture, stricter supervision for systemically important banks, movement toward a Financial Holding Company model, differentiated licensing for niche and small banks, and continuous on tap authorisation subject to stringent entry norms, while strengthening deposit insurance and a resolution framework to manage trade offs between financial inclusion, competition, growth finance and financial stability.