August 2, 2025

India bank mergers

Banking

Big push for banks, NBFCs: Finance Ministry, RBI mulls easier norms for banking licence, boost credit, attract FDI – Banking & Finance News

Finance Ministry officials and the Reserve Bank of India (RBI) are in early discussions on several proposals aimed at building larger and more powerful banks to support the country’s rapid economic growth over the coming decades, according to Bloomberg. These proposals include allowing large companies to apply for banking licences, encouraging non-bank finance companies (NBFCs)

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline