RBI
has really taken sticker and strong rule in case of banking licenses due to
some major phase out of the organization of Lehman brothers as well as like
Cyprus bailout package for insolvency which will be secured by euro union of 10
million. In a country like India always
political instability, political pressure as well as risk from private capital
discredit due to financial market in contentedness of the financial market. As
a result loans to agriculture sector are only 10 %. If we go through the reports and trends then
only ¼ credits reaches to small and marginal farmers. So there should be urge
need of financial inclusion which leads to long term growth of the banks RBI has mainly focus should be on giving
license at least 25 banks . The main aim of RBI should have diversified and
extended banking network with state run domestically own private banks as well
as for foreign banks. So financial inclusion is a very cranial term which
mainly associated with long-term development of the banking sector which
earlier old private sector had deeply absorbed towards poaching as due to RBI
revoked the license of more 10 banks. Therefore to foster the development of
RBI has unveiled new guidelines: ------------
Rs 500
minimum capital requirements
NOFHC {a
non operating financial Holding company}
40% the
minimum that an NOFHC has to hold in the for 5 years.
50% or more NOFHC directors are independent
25% of
the banking branches are opened up in the non banking areas.
49%
foreign holding capital and other 71% for existing companies.
Therefore as per my view point i think financial inclusion is vital concept for the banking sector for the long-term purposeful development .
.JPG)
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