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License to Bank

Drishtikon: A Management Journal

Volume 2 Issue 1

Published: 2010
Author(s) Name: Raji Ajwain
Locked Subscribed Available for All

Abstract

This case study has been modelled upon the recent working paper released by the RBI 2. .. 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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