Isn't it time to review the 'fit and proper' criteria for banking licence, particularly with reference to individuals applying for it, asks Tamal Bandyopadhyay? Kindly note the image has only been......
The Reserve Bank on Friday accepted most of the recommendations of its working group on corporate ownership of private sector banks, by allowing unrestrained promoter shareholding in the first five......
If indeed the gate opens for big industrial houses, the RBI needs to be smarter than them and demonstrate it through action, not reaction, observes Tamal Bandyopadhyay. Photograph: PTI Photo......
The RBI working group's proposal to allow corporate houses to set up banks is a "bombshell" and at this juncture, it is more important to stick to the tried and tested limits on involvement of......
Members of Parliament, state legislatures, and local governments not eligible to be members of PSB boards. Illustration: Dominic Xavier/Rediff.com The Reserve Bank of India (RBI) has tightened the......