CORPORATE PRESENCE IN BANKING | 30th November 2021
Syllabus Section: Economy (GS Paper III) Importance: UPSC Prelims Why in News? The Reserve Bank of India (RBI) has kept in limbo the proposal of its Internal Working Group (IWG) for granting banking licence to big corporate houses. About: The RBI has accepted 21 out of 33 recommendations of the IWG on ownership of private …
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