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License to Bank


Affiliations
1 Faculty, Symbiosis Centre for Management and Human Resource Development, Pune- 411057
     

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This case study has been modelled upon the recent working paper released by the RBI <SUP>2</SUP>. .. As the Indian economy surges ahead, the requirements of the consumers, the profile of the stakeholders and the complexity of the operations is undergoing a huge change. The interlocking of the financial community worldwide and at the same time the uniqueness of the Indian situation make it a tough balancing act for the regulator(RBI). The need to encourage sound operations, robust regulations keeping in mind the public interest and watching the growth options are some of the issues discussed herein. The case aims at highlighting international practices along with those followed in Indian so as to invite a discussion on topics listed in this important document released by the Indian regulator (RBI) which is bound to impact the future course of the banking industry.

Keywords

Reserve Bank of India, License, Non-Banking Financial Company
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  • License to Bank

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Authors

Raji Ajwain
Faculty, Symbiosis Centre for Management and Human Resource Development, Pune- 411057

Abstract


This case study has been modelled upon the recent working paper released by the RBI <SUP>2</SUP>. .. As the Indian economy surges ahead, the requirements of the consumers, the profile of the stakeholders and the complexity of the operations is undergoing a huge change. The interlocking of the financial community worldwide and at the same time the uniqueness of the Indian situation make it a tough balancing act for the regulator(RBI). The need to encourage sound operations, robust regulations keeping in mind the public interest and watching the growth options are some of the issues discussed herein. The case aims at highlighting international practices along with those followed in Indian so as to invite a discussion on topics listed in this important document released by the Indian regulator (RBI) which is bound to impact the future course of the banking industry.

Keywords


Reserve Bank of India, License, Non-Banking Financial Company