Hello friends, I don’t understand why RBI issue new rules again and again. Now why they want to issue fresh license? Whom they consider to grant a license? Give your opinions about it. Is it good in your opinion or not? Share your views.
RBI issuing new banking license in order to enhance banking sector .fresh license is issued to have new opening in banking sector .it is proposed to have issue new license .this help to increase bottom line for bank as this is the wooing sector.
RBI should issue license only to NBFC and institutions that had earlier experience in managing funds. There should be minimum eligibility criteria to grant new license and corporate should be kept away as they can misuse it.