Tag: Macquarie

As bank failures mount, RBI decision on new bank licenses could be controversial: Macquarie

NEW DELHI: At a time when bank failures are increasing in India, the decision to distribute licenses could be controversial. As per a report by Macquarie Research, the RBI just released an internal working group (IWG) report to review ownership guidelines and corporate structure for private sector banks. “While the arguably bold recommendations suggest NBFCs […]

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