- 5883 Views
- 28 Mar 2023
- Tanuj Chandra Saxenaa
- RBI, Accounts, High Court, Banking, FEMA, NBFC, Updates, Knowledge, Compliance,
Issuing licenses to an applicant bank is at the discretion of RBI. Before a license is issued RBI satisfies itself regarding the “Tests of entry” namely: Information about background, credentials of promoters Funding aspects of capital Sources of such funds Background of key supporting professionals Geographical coverage of the proposed bank Business and e......