Tuesday , 22 August 2017
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RBI proposes wholesale, long-term finance banks

The Reserve Bank of India (RBI) on Friday proposed to float wholesale and long-term finance (WLTF) banks that would fund long-term high-value projects — something similar to the development finance institutions (DFIs) of the past. “Going forward, considering the existing landscape of banking and non-banking services in the country, it is felt that there is a need to explore the ... Read More »