On-tap’ licences to set up universal banks and small finance banks
18
May
On-tap’ licences to set up universal banks and small finance banks Subject: Economy Section: Monetary Policy Six out of the 11 applications for ‘on-tap’ licences to set up universal banks and small finance banks were rejected by the Reserve Bank of India (RBI). Concept: An ‘on-tap’ facility means the RBI will accept applications […]