RBI Releases Gist of Comments on the
Discussion Paper on Entry of New Banks in the Private Sector
With 2010, coming close to an end, RBI released the Gist of Comments on the Discussion Paper on entry of New Banks in the Private Sector.
A wide number of comments were received by RBI organizations/individual from varied backgrounds. As RBI encouraged comments via email too, the number of the comments was more.
Apart from the comments/feedback received from the public, RBI officials also met the various stakeholders / consultants in Mumbai.
As expected, there is no consensus on any issue. The feedback / comments were related to the Organization’s/Individual’s interest in the subject i.e Entry of New Banks in the private Sector.
Comments/Feedback from neutral observers was few. This phenomenon is not only restricted to this Discussion but to any discussion. The Neutral Observer Species is fast becoming an endangered species.
The Press Release can be accessed @ http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=23629