India Mulls New Bank Licenses After a Decade: Will Big Corporates Get Entry This Time Around?

By Anurag Kumar

India Mulls New Bank Licenses After a Decade: Will Big Corporates Get Entry This Time Around?

India is exploring the issuance of new banking licences for the first time since 2014, amid plans to allow large companies and NBFCs to become banks. The government may also ease FDI norms in public sector banks, a Bloomberg report said.

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