Mandatory cash reserves

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    RBI Governor Subbarao : all applicants cant be bestowed bank licences! 04 July 2013

    The Reserve Bank Of India (RBI) Governor Duvvuri Subbarao announced on Thursday that every companies who possess eligibility that have applied for bank licences will be bestowed one. Beforehand this week, the RBI said it had received 26 applications for...

    Keywords: mandatory cash reserves, indian central bank, rbi governor subbarao, non-performing assets at lenders

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