RBI wants new law to better regulate financial companies

reserve-bank-of-india-pic-2

The Reserve Bank of India has called on all financial firms to adopt a financial holding company structure as part of an overhaul of financial regulation.

In a report released on Monday by a working group led by Shyamala Gopinath, the central bank's deputy governor, the Reserve Bank recommended a financial holding company model "should be pursued as a preferred model for the financial sector in India". The report said the model could "be extended to all large financial groups, irrespective of wh

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: