RBI receives 8 applications for setting up banks under 'on tap' licensing
UAE Exchange and Financial Services Limited, The Repatriates Cooperative Finance and Development Bank Limited (REPCO Bank), Chaitanya India Fin Credit Private Limited, and Pankaj Vaish and others, are the applicants under the guidelines for 'on tap' licensing of universal banks.
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The Reserve Bank on Thursday said it has received four applications each under the guidelines for 'on tap' licensing of universal banks and small finance banks.
UAE Exchange and Financial Services Limited, The Repatriates Cooperative Finance and Development Bank Limited (REPCO Bank), Chaitanya India Fin Credit Private Limited, and Pankaj Vaish and others, are the applicants under the guidelines for 'on tap' licensing of universal banks.