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IICA Qualified Independent Director
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Category Archives: Information Assurance
Should Indian Post be granted Banking license?..Do they need one?
The decision of Indian Postal Department to seek a Banking license from RBI through the Licensing Scheme meant for private sector has been an object of discussion since the announcement was made. The application is a source of embarrassment to … Continue reading
Which of the 26 applicants deserve Bank license?
As the debate on the choice of probable licensees hots up, here is an interesting debate in moneycontrol.com between three experts See Copy of the Detailed debate here The three experts who have expressed their views are R Jagannathan, the Editor … Continue reading
Banking License Aspirants Should Disclose Business Plans to Public
In India, Reserve Bank of India (RBI) is gearing itself to grant fresh Banking licenses. 26 applications are now under the consideration of RBI. The applicants include a diverse set of groups which includes a) A department of the Government of India … Continue reading
Will RBI disclose “Sanction Mechanism” to enforce sanctity of Banking license conditions?
The opening up of a licensing window for Private Banks in India which has attracted 26 applications has also raised a debate on whether the new licenses are beneficial to the economy. RBI intends to impose “Financial Inclusion” and “Priority … Continue reading
Posted in Bank, RBI
Tagged bank, financial inclusion, india, license, priority sector lending, RBI
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Not all Eligible applicants to get Bank License
Governor of RBI has clarified that out of the 26 applications received by RBI for new Banking license, not all otherwise eligible applicants will be granted the license. RBI has also clarified that it would take about 3-4 months for … Continue reading
Posted in Bank, RBI
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New Bank Licences-Make Cyber Crime Insurance Mandatory
The applications received by RBI for new Bank licenses and the possible political push for issue of licenses before the next elections have raised a serious concern in the market that undeserving companies with political connections may some how make … Continue reading
Posted in Bank, Cyber Crime, RBI
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