We are now talking about new banks that may be permitted to operate in the near future as RBI is just about finalizing the details of licensing. As these new breed of banks will have a clean slate to begin with, we may ask what could be their uniqueness. RBI has specified that the new licensees would be required to focus on two aspects - financial inclusion and rural banking.
Heartiest wishes to all our stake holders for a healthy, prosperous and joyous new year. The year 2013 had its fare share of ups and downs. But there were sufficient numbers of downs that people were eagerly awaiting for the new year to roll in. So, finally 2014 has rolled in and most of you will agree with me that it has started on a fairly optimistic note.