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How RBI's guidelines for new bank licences affect the sector

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The Reserve Bank of India today issued the final guidelines for new bank licenses, which allows private and public sector entities to apply for a license. Experts, Bharat Doshi, executive director and Group CFO of M&M; Shinjini Kumar, director of PwC India; Sunil Godhwani, CMD of Religare Enterprises; Naresh Makhijani, partner at KPMG in India, and Ajay Srinivasan, CEO - financial services at Aditya Birla Group, discuss what this really means for the banking sector.

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