RBI releases guidelines for new bank licences The Reserve Bank of India today issued the much-awaited guidelines for new bank licences, allowing corporates and public sector entities with sound credentials and a minimum track record of 10 years to enter the banking business. ...  
07:55 PM, Feb 22, 2013

'No reason to deny bank licence to qualified corps' Finance Minister P Chidambaram said on Tuesday he saw no reason why companies that fulfill all RBI criteria should be denied banking licences as part of plans to shake up the country's bank sector. ...  
11:42 AM, Jan 30, 2013