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  • rbi favours differentiated banks one for low income

    RBI favours differentiated banks,one for low-income households

    Jan 07, 2014, 11:38 PM IST

    Mumbai: A panel set up by the RBI has called for establishing differentiated lenders, including one for small businesses and low-income households.  The bank for small businesses, called the ‘payments banks', will focus on providing

  • form unified agency to resolve all customer grievances rbi

    Form unified agency to resolve all customer grievances: RBI panel

    Jan 07, 2014, 10:26 PM IST

    Mumbai: Recommending sweeping changes in the banking structure, an RBI panel today suggested setting up of specialised banks to cater to low income households to ensure that all citizens have bank accounts by 2016.  It

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