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Consider the following statements:1. The Reserve Bank of India (RBI) on 2 April 2014granted in-principle approvals to IDFC Ltd and BandhanFinancial Services Pvt. Ltd to start new banks in India.2. These approvals have been granted under theguidelines on licensing of new banks in the public sector.3. The two have been granted the permission to set-upbanks from a field of 25 aspirants. Which of thestatements given above is/are correct?

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Consider the following statements:1. The Reserve Bank of India (RBI) on 2 April 2014granted in-principle approvals to IDFC Ltd and BandhanFinancial Services Pvt. Ltd to start new banks in India.2. These approvals have been granted under theguidelines on licensing of new banks in the public sector.3. The two have been granted the permission to set-upbanks from a field of 25 aspirants. Which of thestatements given above is/are correct?






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