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Banking Licence.

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..... Banking Licence.
News and Press Release
Dated:- 27-4-2012

Press Information Bureau Government of India Ministry of Finance 27-April-2012 17:36 IST Banking Licence Reserve Bank of In .....

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..... dia (RBI) has informed that it had issued guidelines for licensing of new banks in the private sector on January 22, 1993 and licenses were issued accordingly. Thereafter, fresh guidelines were issued .....

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..... on January 3, 2001 and licenses were issued consequently. No guidelines indicating the criteria for issuing licenses to start a new bank in the country has been issued by RBI after January 3, 2001. .....

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..... As per RBI Annual Policy statement for 2010-11 on licensing of new banks, a discussion paper was prepared and placed on RBI website www.rbi.org.in on August 11, 2010 inviting public comments on variou .....

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..... s aspects. After examining the comments/suggestions received, RBI has issued draft guidelines for licensing of new banks in the private sector on 29.08.2011 which can be seen on RBI website. RBI has i .....

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..... nformed that it would issue the final guidelines after taking views/suggestions of various stakeholders. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in wri .....

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..... tten reply to a question in Lok Sabha today. ***** DSM/SS/Hb
News - Press release - PIB .....

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