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Banking Licence to Private Sector Banks

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....anking Licence to Private Sector Banks <br>News and Press Release<br>Dated:- 27-11-2010<br><BR>The Union Finance Minister in his budget speech 2010-11 had mentioned that Reserve Bank of India (RBI) wo....

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....uld be considering giving some additional licenses to private sector players. Accordingly, RBI studied the international practices and examined their experience with licensing of 12 new private sector....

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.... banks consequent to guidelines issued in 1993 and 2001. Based on the above study, RBI prepared and placed a discussion paper on its website inviting comments/ feedback on certain aspects from the sta....

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....ke holders and public on 11.08.2010. Discussions with stakeholders were held on October 7 & 8, 2010. The comments/ suggestions received and views of the stakeholders are being examined by RBI after wh....

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....ich final guidelines would be issued. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question raised in Lok Sabha today.<BR> News - Pres....

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....s release - PIB....