Research and analysis

India: draft guidelines for small banks and payment banks

RBI seeks comments on proposed differentiated licensing for small and payment banks.

• From: Foreign & Commonwealth Office
• Published: 4 August 2014

This publication was withdrawn on 8 August 2016

This publication was archived on 5 August 2016. This article is no longer current. Please refer to Overseas Business Risk - India.

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India: draft guidelines for small banks and payment banks

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Summary and analysis as Reserve Bank of India (RBI) issues draft guidelines for differentiated licensing of small banks and payment banks. These new banks are expected to further financial inclusion and lower costs by adopting appropriate technology. Licensing of payment banks may benefit select UK firms.

Published 4 August 2014