RBI’s New Banking Proposals: Who Stands To Benefit?
A security guard walks through the RBI regional headquarters in New Delhi. (Photographer: T. Narayan/Bloomberg)

RBI’s New Banking Proposals: Who Stands To Benefit?

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Proposals from an internal working group of the Reserve Bank of India to permit corporate entry into banking, permit promoters to hold on to a higher stake, and allow large NBFCs to convert into ba...