Kochi, Oct 30
The Reserve Bank today said it is not giving any
new banking licences "as of now".
"As of now, we are not giving any new bank licences.
After Yes Bank, no approval has been given so far,"
Reserve Bank of India Deputy Governor Shyamala Gopinath
told reporters on the sidelines of a symposium here.
The Deputy Governor was reacting to a query on the state
government's proposal to set up financial institutions based
on the principle of 'Islamic banking' to attract interest free deposits
from non-resident Keralites.
This proposal had not come before her, she said.
Asked if the RBI would permit the Kerala government to
increase borrowing limit, she said it is not under their purview.
It is an issue between the Centre and state, she said.
The Centre has to allow this.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment