How RBI's guidelines for new bank licences affect the sector

The Reserve Bank of India today issued the final guidelines for new bank licenses, which allows private and public sector entities to apply for a license. Experts, Bharat Doshi, executive director and Group CFO of M&M; Shinjini Kumar, director of PwC India; Sunil Godhwani, CMD of Religare Enterprises; Naresh Makhijani, partner at KPMG in India, and Ajay Srinivasan, CEO - financial services at Aditya Birla Group, discuss what this really means for the banking sector.

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