Junior Science Refresher

Junior Science Refresher

Junior Science Refresher this is science magazine in india published this article page no 16 adoption of prudential norms based on international best practices universal bank licensing policy in-principle approvals were given to two new applicants namely idfc limited and bandhan financial services private limited on april 2 2014 to set up banks under the guidelines on licensing of new banks in the private sector issued on february 22 2013. the reserve bank intends to use the learning from this licensing exercise to revise the guidelines appropriately and move to give licences more regularly that is virtually on tap. the reserve bank is working on the guidelines for continuous authorisation of universal banks junior science refresher magazine.