Banking bill to strengthen RBI: E&Y

  • 6:34
  • Published On: December 19, 2012
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The passage of the Banking Laws Amendment Bill will give the RBI greater supervisory and regulatory powers and allow it to go ahead with new bank licences, says Ashvin Parekh of E&Y. He adds that amendments allowing the voting cap to be raised to 26 per cent in private banks should be positive for promoters of new banks looking to come in.

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